The number of investors who were shorting shares of Bank7 Corp. saw a significant uptick in short positions during August (NASDAQ:BSVN). There were 14,700 shares available for a quick sale as of August 15. This is an increase of 86.1% over the previous count of 7,900 shares, which was taken on July 31. The current short-interest ratio is 0.8 days, which can be inferred from the average daily trading volume of 18,500 shares. In other words, the current short-interest ratio can be calculated using this information. At the moment, short sales account for 0.4% of the total shares outstanding in the company. A negative 0.2% change was observed in Bank7’s value. On Friday, BSVN was listed on the NASDAQ for $24.70, and trading got underway. The company’s market value is presently estimated to be $224.77 million, the earnings-to-price ratio is currently estimated to be 8.98, and the beta is currently estimated to be 1.73. The company’s moving average price for the past 200 days is $23.65, while the company’s moving average price during the last 50 days is $23.55.
Over the past year, Bank7 experienced its all-time low of $19.51 and its all-time high of $27.28. Bank7 (NASDAQ:BSVN) disclosed the most recent quarterly results for the company on Tuesday, July 27, 2018. The company said its quarterly earnings per share came in at $0.76, which is $0.06 more than the consensus estimate of $0.70 per share. Bank7 had a return on equity of 20.11 percent, while the company’s net margin was 39.95 percent. During the same period as the previous year, the corporation made a profit of $0.67 per share. This compares to the last year’s results. Most financial analysts agree that Bank7 will post an annualized yield of $3.18 per share in 2018. The payment of a dividend has been confirmed by Bank 7. In addition, the corporation only recently announced that it would be paying a quarterly dividend, which was then issued to shareholders and paid out on July 7. On June 22, a $0.12 dividend payment was given to shareholders on record when the dividend was declared. This translates to a dividend payment of $0.48 and a dividend yield of 1.94% when computed annually. On Tuesday, June 21, trading was allowed to occur even though dividend payments were not made.
The current dividend payout rate stands at 17.45% for the business that goes by the name Bank7. According to Bank7 Institutional Trading, various institutional investors, including hedge funds, have recently altered the proportion of the company’s stocks they own in their portfolios. During the final three months of 2018, Kennedy Capital Management Inc. paid about $1,774,000 to purchase a new investment in Bank7. Bank7 and Teton Advisors Inc. paid a combined sum of about 345 000 dollars to buy a new share in Bank7 during the fourth quarter of the fiscal year. During the first three months of 2018, BlackRock Inc. increased the amount of Bank7 stock owned by 13.1%, bringing the total to 100%. BlackRock Inc. currently has 19,683 shares after purchasing an additional 2,279 in the most recent quarter. The value of these 19,683 shares brings the company’s overall holdings to $463,000. During the first three months of 2018, State Street Corporation completed a 5.6% increase in the proportion of Bank7 shares it owned. State Street Corp now owns 17,141 shares, valued at $407,000, after purchasing an additional 912 shares during the most recent quarter. Last but not least, during the first three months of this year, Dimensional Fund Advisors LP boosted the number of Bank7 shares it owned by 50.2%, bringing the total number of shares it owned to 1.
After making an additional purchase of 4,492 shares during the most recent quarter, Dimensional Fund Advisors LP now has 13,445 shares of the company’s stock in its possession. There are 13,445 shares with a total value of $318,000 attached to them (13,445 shares). To the tune of 47.74% of the company’s stock, institutional investors and hedge funds collectively hold the company’s shares. Details Concerning the Operation of the Company Which Is Bank7 Bank7 is a provider of banking and financial services, and Bank7 Corp is the parent company of Bank7. Bank7 caters to individual clients and businesses, and Bank7 Corp serves as the parent company. Retail consumers, as well as commercial customers, can take advantage of the company’s deposit services. These services include access to automated teller machines, certificates of deposit, money market accounts, checking accounts, accounts with negotiable orders of withdrawal, savings accounts, and money market accounts. Business deposit services include a wide range of bank accounts, such as commercial checking accounts, money market accounts, and other deposit accounts.
