Bank First Co. (NASDAQ:BFC) Short Interest Down 7.6% in December

Bank First Co. (NASDAQ:BFC) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 129,000 shares, a decline of 7.6% from the December 15th total of 139,600 shares. Based on an average daily volume of 17,500 shares, the short-interest ratio is presently 7.4 days.

Analyst Ratings Changes

Separately, Piper Sandler raised their price objective on Bank First from $99.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th.

Institutional Investors Weigh In On Bank First

Several hedge funds and other institutional investors have recently made changes to their positions in BFC. SG Americas Securities LLC boosted its position in shares of Bank First by 20.1% during the fourth quarter. SG Americas Securities LLC now owns 4,438 shares of the company’s stock valued at $440,000 after buying an additional 742 shares during the last quarter. Merit Financial Group LLC lifted its stake in Bank First by 88.7% during the 4th quarter. Merit Financial Group LLC now owns 179,814 shares of the company’s stock valued at $17,818,000 after acquiring an additional 84,524 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Bank First by 130.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,865 shares of the company’s stock worth $2,165,000 after acquiring an additional 13,502 shares during the last quarter. Barclays PLC grew its stake in shares of Bank First by 339.9% in the 3rd quarter. Barclays PLC now owns 15,635 shares of the company’s stock worth $1,417,000 after acquiring an additional 12,081 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Bank First by 3.7% during the third quarter. Geode Capital Management LLC now owns 222,204 shares of the company’s stock worth $20,158,000 after purchasing an additional 7,922 shares during the last quarter. 29.95% of the stock is owned by institutional investors.

Bank First Stock Performance

Shares of BFC stock opened at $98.94 on Monday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.02. The firm has a fifty day simple moving average of $102.49 and a two-hundred day simple moving average of $94.37. Bank First has a 12 month low of $74.90 and a 12 month high of $110.49. The firm has a market capitalization of $990.39 million, a PE ratio of 12.15 and a beta of 0.35.

Bank First Company Profile

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.