Short Interest in Bank7 Corp. (NASDAQ:BSVN) Increases By 21.8%

Bank7 Corp. (NASDAQ:BSVN) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 69,300 shares, an increase of 21.8% from the November 15th total of 56,900 shares. Based on an average daily volume of 24,900 shares, the short-interest ratio is presently 2.8 days. Approximately 1.9% of the company’s stock are short sold.

Bank7 Trading Down 1.5 %

Bank7 stock traded down $0.70 during trading hours on Friday, reaching $45.16. 13,152 shares of the company were exchanged, compared to its average volume of 18,151. Bank7 has a 12 month low of $24.45 and a 12 month high of $49.42. The stock has a 50-day moving average of $44.48 and a 200 day moving average of $38.74. The firm has a market cap of $421.88 million, a price-to-earnings ratio of 11.88 and a beta of 1.47.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings data on Friday, October 11th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.17. Bank7 had a net margin of 24.22% and a return on equity of 19.13%. The business had revenue of $24.89 million during the quarter, compared to the consensus estimate of $24.00 million. As a group, research analysts forecast that Bank7 will post 4.57 EPS for the current year.

Bank7 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 20th will be given a $0.24 dividend. 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 increased their target price on shares of Bank7 from $45.00 to $53.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th.

Hedge Funds Weigh In On Bank7

Institutional investors have recently made changes to their positions in the business. Los Angeles Capital Management LLC acquired a new stake in Bank7 in the 3rd quarter valued at approximately $700,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Bank7 by 44.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 24,171 shares of the company’s stock valued at $906,000 after acquiring an additional 7,414 shares during the period. Vanguard Group Inc. grew its stake in shares of Bank7 by 1.3% in the first quarter. Vanguard Group Inc. now owns 221,768 shares of the company’s stock worth $6,254,000 after acquiring an additional 2,817 shares during the last quarter. Inspire Investing LLC bought a new position in Bank7 during the second quarter worth $831,000. Finally, Segall Bryant & Hamill LLC acquired a new position in Bank7 during the 3rd quarter valued at $1,378,000. 23.48% of the stock is currently owned by institutional investors.

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.