Bank7 Corp. (NASDAQ:BSVN) Short Interest Update

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

Bank7 Stock Up 0.1 %

Bank7 stock traded up $0.03 on Friday, hitting $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 firm has a market cap of $445.14 million, a P/E ratio of 12.53 and a beta of 1.46. The company has a fifty day moving average price of $42.54 and a 200-day moving average price of $37.39.

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

Hedge Funds Weigh In On Bank7

A number of hedge funds have recently modified their holdings of BSVN. BNP Paribas Financial Markets lifted its holdings in Bank7 by 22.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company’s stock valued at $56,000 after purchasing an additional 280 shares during the last quarter. Acadian Asset Management LLC raised its stake in shares of Bank7 by 4.9% in the second quarter. Acadian Asset Management LLC now owns 21,762 shares of the company’s stock valued at $680,000 after acquiring an additional 1,025 shares during the last quarter. Copeland Capital Management LLC bought a new stake in Bank7 during the 3rd quarter worth approximately $48,000. Bank of New York Mellon Corp increased its holdings in Bank7 by 4.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 38,523 shares of the company’s stock valued at $1,206,000 after purchasing an additional 1,478 shares in the last quarter. Finally, Empowered Funds LLC raised its position in Bank7 by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 32,772 shares of the company’s stock valued at $1,228,000 after purchasing an additional 1,608 shares during the last quarter. 23.48% of the stock is owned by institutional investors and hedge funds.

Bank7 Company Profile

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.