Bank7 Corp. (NASDAQ:BSVN) Sees Large Increase in Short Interest

Bank7 Corp. (NASDAQ:BSVN) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 56,900 shares, a growth of 39.8% from the October 31st total of 40,700 shares. Currently, 1.6% of the company’s stock are sold short. Based on an average trading volume of 25,000 shares, the days-to-cover ratio is presently 2.3 days.

Bank7 Price Performance

NASDAQ:BSVN traded up $0.03 during trading hours on Friday, reaching $47.66. The company’s stock had a trading volume of 10,859 shares, compared to its average volume of 18,361. Bank7 has a one year low of $22.05 and a one year high of $49.42. The business’s 50-day moving average is $42.54 and its 200-day moving average is $37.39. The company has a market cap of $445.14 million, a price-to-earnings ratio of 12.53 and a beta of 1.46.

Bank7 (NASDAQ:BSVN) last released its earnings results on Friday, October 11th. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.17. The firm had revenue of $24.89 million during the quarter, compared to analyst estimates of $24.00 million. Bank7 had a net margin of 24.22% and a return on equity of 19.13%. On average, sell-side analysts predict that Bank7 will post 4.57 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Copeland Capital Management LLC acquired a new position in Bank7 during the 3rd quarter valued at $48,000. BNP Paribas Financial Markets raised its position in shares of Bank7 by 22.9% during the third quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company’s stock valued at $56,000 after buying an additional 280 shares during the last quarter. MetLife Investment Management LLC bought a new stake in shares of Bank7 in the third quarter valued at about $86,000. Quadrature Capital Ltd lifted its stake in shares of Bank7 by 33.8% in the first quarter. Quadrature Capital Ltd now owns 12,876 shares of the company’s stock valued at $363,000 after buying an additional 3,254 shares during the period. Finally, Barclays PLC grew its position in Bank7 by 158.7% during the third quarter. Barclays PLC now owns 12,953 shares of the company’s stock worth $486,000 after buying an additional 7,947 shares in the last quarter. 23.48% of the stock is currently owned by institutional investors and hedge funds.

About Bank7

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.