FinWise Bancorp (NASDAQ:FINW – Get Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 8,300 shares, a growth of 15.3% from the May 31st total of 7,200 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 15,600 shares, the short-interest ratio is presently 0.5 days.
FinWise Bancorp Price Performance
Shares of FinWise Bancorp stock traded down $0.15 during trading on Wednesday, reaching $10.31. 5,142 shares of the company traded hands, compared to its average volume of 6,378. FinWise Bancorp has a 1-year low of $8.31 and a 1-year high of $14.98. The company has a 50 day moving average price of $10.37 and a 200-day moving average price of $11.17. The firm has a market capitalization of $131.86 million, a PE ratio of 7.99 and a beta of 0.67.
FinWise Bancorp (NASDAQ:FINW – Get Free Report) last released its earnings results on Monday, April 29th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.05. FinWise Bancorp had a net margin of 18.63% and a return on equity of 10.99%. The company had revenue of $23.11 million for the quarter, compared to the consensus estimate of $19.68 million. During the same quarter in the previous year, the company earned $0.29 EPS. Equities research analysts expect that FinWise Bancorp will post 0.81 earnings per share for the current year.
Institutional Trading of FinWise Bancorp
FinWise Bancorp Company Profile
FinWise Bancorp operates as the bank holding company for FinWise Bank that provides various banking products and services to individual and corporate customers in Utah. The company offers various deposit products, including interest and noninterest bearing demand accounts, health savings account demand deposits, NOW and money market accounts, and checking and savings accounts, as well as time deposits and certificates of deposits.
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