Short Interest in Bank7 Corp. (NASDAQ:BSVN) Decreases By 11.4%

Bank7 Corp. (NASDAQ:BSVN - Get Free Report) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 80,300 shares, a decrease of 11.4% from the January 15th total of 90,600 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 26,000 shares, the days-to-cover ratio is presently 3.1 days.

Analysts Set New Price Targets

BSVN has been the subject of several analyst reports. Keefe, Bruyette & Woods dropped their price objective on Bank7 from $53.00 to $52.00 and set an "outperform" rating for the company in a report on Friday, January 17th. Piper Sandler boosted their price target on Bank7 from $53.00 to $55.00 and gave the company an "overweight" rating in a research note on Friday, January 17th.

Bank7 Stock Down 4.0 %

Shares of BSVN stock traded down $1.69 during trading hours on Friday, reaching $40.12. The company's stock had a trading volume of 30,144 shares, compared to its average volume of 19,819. Bank7 has a fifty-two week low of $26.07 and a fifty-two week high of $50.26. The company has a market capitalization of $374.72 million, a price-to-earnings ratio of 8.29 and a beta of 1.46. The firm's 50 day simple moving average is $43.95 and its 200-day simple moving average is $42.46.

Bank7 (NASDAQ:BSVN - Get Free Report) last issued its earnings results on Thursday, January 16th. The company reported $1.16 EPS for the quarter, topping the consensus estimate of $1.05 by $0.11. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. Sell-side analysts predict that Bank7 will post 4.06 earnings per share for the current year.

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Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets boosted its holdings in shares of Bank7 by 17.9% during the 4th quarter. BNP Paribas Financial Markets now owns 1,773 shares of the company's stock valued at $83,000 after acquiring an additional 269 shares in the last quarter. Hillsdale Investment Management Inc. increased its holdings in Bank7 by 9.1% in the 4th quarter. Hillsdale Investment Management Inc. now owns 6,000 shares of the company's stock worth $280,000 after purchasing an additional 500 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Bank7 by 30.1% during the fourth quarter. Wells Fargo & Company MN now owns 2,333 shares of the company's stock valued at $109,000 after purchasing an additional 540 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Bank7 during the fourth quarter valued at about $30,000. Finally, Copeland Capital Management LLC acquired a new position in shares of Bank7 in the third quarter valued at approximately $48,000. 23.48% of the stock is currently 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.