Short Interest in Enterprise Financial Services Corp (NASDAQ:EFSCP) Expands By 592.0%

Enterprise Financial Services Corp (NASDAQ:EFSCP) saw a significant increase in short interest during 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 trading volume of 3,100 shares, the days-to-cover ratio is presently 5.6 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Enterprise Financial Services stock. Jag Capital Management LLC lifted its position in Enterprise Financial Services Corp (NASDAQ:EFSCP) by 12.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 Trading Up 0.7 %

Shares of Enterprise Financial Services stock traded up $0.13 on Monday, hitting $18.88. 3,027 shares of the company’s stock were exchanged, compared to its average volume of 3,182. Enterprise Financial Services has a 1 year low of $17.20 and a 1 year high of $22.22. The company has a 50-day simple moving average of $18.56 and a 200-day simple moving average of $19.65.

About Enterprise Financial Services

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.