Bank7 Corp. (NASDAQ:BSVN) Short Interest Update

Bank7 Corp. (NASDAQ:BSVN) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 69,300 shares, a growth of 21.8% from the November 15th total of 56,900 shares. Based on an average daily volume of 24,900 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.9% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in shares of Bank7 by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 221,768 shares of the company’s stock valued at $6,254,000 after acquiring an additional 2,817 shares in the last quarter. Geode Capital Management LLC grew its stake in Bank7 by 1.7% in the third quarter. Geode Capital Management LLC now owns 96,321 shares of the company’s stock valued at $3,610,000 after purchasing an additional 1,633 shares in the last quarter. State Street Corp grew its stake in Bank7 by 10.4% in the third quarter. State Street Corp now owns 47,430 shares of the company’s stock valued at $1,789,000 after purchasing an additional 4,465 shares in the last quarter. Bank of New York Mellon Corp increased its position in Bank7 by 4.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 38,523 shares of the company’s stock worth $1,206,000 after purchasing an additional 1,478 shares during the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new stake in shares of Bank7 during the 3rd quarter worth about $1,378,000. Institutional investors and hedge funds own 23.48% of the company’s stock.

Bank7 Trading Down 1.5 %

NASDAQ:BSVN traded down $0.70 during trading hours on Friday, hitting $45.16. 13,152 shares of the stock traded hands, compared to its average volume of 18,151. The firm has a market cap of $421.88 million, a price-to-earnings ratio of 11.88 and a beta of 1.47. The firm has a 50 day moving average price of $44.48 and a 200 day moving average price of $38.74. Bank7 has a fifty-two week low of $24.45 and a fifty-two week high of $49.42.

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

Bank7 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 20th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Friday, December 20th. Bank7’s dividend payout ratio is currently 25.26%.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods upped their price objective on shares of Bank7 from $45.00 to $53.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th.

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.