Bank7 Corp. (NASDAQ:BSVN) Short Interest Update

Bank7 Corp. (NASDAQ:BSVN) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 40,700 shares, a growth of 7.1% from the October 15th total of 38,000 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 22,700 shares, the days-to-cover ratio is presently 1.8 days.

Bank7 Trading Up 0.4 %

BSVN traded up $0.20 during trading on Monday, hitting $46.71. The stock had a trading volume of 9,364 shares, compared to its average volume of 18,226. The firm has a market cap of $436.41 million, a PE ratio of 12.22 and a beta of 1.46. Bank7 has a 12 month low of $22.05 and a 12 month high of $49.01. The company has a 50 day simple moving average of $41.05 and a 200-day simple moving average of $36.35.

Bank7 (NASDAQ:BSVN) last issued its quarterly earnings results on Friday, October 11th. The company reported $1.24 earnings per share (EPS) 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 company had revenue of $24.89 million for the quarter, compared to the consensus estimate of $24.00 million. As a group, sell-side analysts anticipate that Bank7 will post 4.57 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BSVN. Geode Capital Management LLC lifted its holdings in shares of Bank7 by 1.7% during the third quarter. Geode Capital Management LLC now owns 96,321 shares of the company’s stock worth $3,610,000 after buying an additional 1,633 shares during the last quarter. Barclays PLC increased 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 acquiring an additional 7,947 shares during the period. State Street Corp raised its stake in Bank7 by 10.4% during the 3rd 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 during the last quarter. MetLife Investment Management LLC acquired a new position in Bank7 during the 3rd quarter valued at $86,000. Finally, BNP Paribas Financial Markets boosted its holdings in Bank7 by 22.9% in 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 period. 23.48% of the stock is 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.