Bank7 Corp. (NASDAQ:BSVN) Short Interest Update

Bank7 Corp. (NASDAQ:BSVN) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 83,500 shares, an increase of 22.3% from the December 31st total of 68,300 shares. Based on an average daily volume of 30,000 shares, the short-interest ratio is currently 2.8 days. Approximately 2.3% of the shares of the stock are short sold.

Bank7 Stock Performance

BSVN stock opened at $43.58 on Friday. The company has a 50 day moving average price of $45.37 and a two-hundred day moving average price of $42.06. The stock has a market capitalization of $407.04 million, a P/E ratio of 9.00 and a beta of 1.47. Bank7 has a one year low of $26.07 and a one year high of $50.26.

Bank7 (NASDAQ:BSVN) last issued its quarterly earnings results on Thursday, January 16th. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.11. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. Research analysts forecast that Bank7 will post 4 earnings per share for the current fiscal year.

Bank7 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 20th were issued a $0.24 dividend. The ex-dividend date was Friday, December 20th. This represents a $0.96 dividend on an annualized basis and a yield of 2.20%. Bank7’s payout ratio is 19.83%.

Hedge Funds Weigh In On Bank7

A number of hedge funds have recently made changes to their positions in BSVN. R Squared Ltd purchased a new position in shares of Bank7 in the 4th quarter worth about $30,000. Inspire Investing LLC acquired a new position in Bank7 during the fourth quarter valued at approximately $893,000. Barclays PLC grew its stake 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 buying an additional 7,947 shares during the period. Geode Capital Management LLC increased its position in shares of Bank7 by 1.7% in the third quarter. Geode Capital Management LLC now owns 96,321 shares of the company’s stock worth $3,610,000 after acquiring an additional 1,633 shares in the last quarter. Finally, State Street Corp raised its stake in shares of Bank7 by 10.4% in the 3rd quarter. State Street Corp now owns 47,430 shares of the company’s stock valued at $1,789,000 after acquiring an additional 4,465 shares during the period. Institutional investors and hedge funds own 23.48% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on BSVN shares. Piper Sandler upped their price objective on Bank7 from $53.00 to $55.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Keefe, Bruyette & Woods reduced their target price on shares of Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a report on Friday, January 17th.

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.