Enterprise Financial Services Corp (NASDAQ:EFSCP) Short Interest Up 592.0% in April

Enterprise Financial Services Corp (NASDAQ:EFSCP) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 17,300 shares, an increase of 592.0% from the March 31st total of 2,500 shares. Based on an average daily volume of 3,100 shares, the short-interest ratio is presently 5.6 days.

Institutional Investors Weigh In On Enterprise Financial Services

A hedge fund recently raised its stake in Enterprise Financial Services stock. Jag Capital Management LLC boosted its position in Enterprise Financial Services Corp (NASDAQ:EFSCP) by 12.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,850 shares of the company’s stock after purchasing an additional 1,400 shares during the period. Jag Capital Management LLC’s holdings in Enterprise Financial Services were worth $241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Enterprise Financial Services Stock Performance

Shares of NASDAQ EFSCP traded up $0.13 during trading hours on Monday, hitting $18.88. 3,027 shares of the company traded hands, compared to its average volume of 3,182. The company’s 50 day moving average price is $18.56 and its 200 day moving average price is $19.65. Enterprise Financial Services has a 12 month low of $17.20 and a 12 month high of $22.22.

Enterprise Financial Services Company Profile

Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers primarily in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico. It provides checking, savings, money market accounts, and certificates of deposit.