Short Interest in Bank7 Corp. (NASDAQ:BSVN) Rises By 7.1%

Bank7 Corp. (NASDAQ:BSVN - Get Free Report) was the recipient of a significant 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. Based on an average trading volume of 22,700 shares, the short-interest ratio is currently 1.8 days. Approximately 1.1% of the company's shares are short sold.

Bank7 Stock Performance

Shares of NASDAQ BSVN traded down $0.04 during mid-day trading on Friday, reaching $46.51. 20,862 shares of the company's stock were exchanged, compared to its average volume of 31,778. The firm has a market capitalization of $434.40 million, a price-to-earnings ratio of 12.24 and a beta of 1.46. Bank7 has a 52-week low of $22.05 and a 52-week high of $49.01. The company's 50-day moving average is $41.05 and its 200-day moving average is $36.29.

Bank7 (NASDAQ:BSVN - Get Free Report) last released its quarterly earnings results on Friday, October 11th. The company reported $1.24 EPS for the quarter, topping 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 business had revenue of $24.89 million during the quarter, compared to analyst estimates of $24.00 million. As a group, equities analysts predict that Bank7 will post 4.57 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BSVN. Copeland Capital Management LLC acquired a new stake in Bank7 during the 3rd quarter worth approximately $48,000. BNP Paribas Financial Markets grew its position in shares of Bank7 by 22.9% during the third quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company's stock worth $56,000 after buying an additional 280 shares in the last quarter. MetLife Investment Management LLC purchased a new stake in shares of Bank7 during the third quarter worth approximately $86,000. Quadrature Capital Ltd raised its holdings in Bank7 by 33.8% in the first quarter. Quadrature Capital Ltd now owns 12,876 shares of the company's stock valued at $363,000 after acquiring an additional 3,254 shares in the last quarter. Finally, Barclays PLC lifted its stake in Bank7 by 158.7% in 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 last quarter. Institutional investors and hedge funds own 23.48% of the company's stock.

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.

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