$MGYR

Magyar Bancorp (NASDAQ:MGYR) experienced an 18.4% decrease in short interest during February, bringing the total to 5,834 shares, representing approximately 0.1% of outstanding shares. The company recently increased its quarterly dividend to $0.10 per share, resulting in an annualized dividend of $0.40 and a yield of 2.3%. Magyar Bancorp reported strong financial results with $0.50 EPS and $9.66 million in revenue last quarter, maintaining a "Hold" rating from analysts.