Time to Reconsider Bankwell Financial Group Incorporated (NASDAQ:BWFG) After More Short Sellers?

September 17, 2017 - By Adrian Mccoy

 Time to Reconsider Bankwell Financial Group Incorporated (NASDAQ:BWFG) After More Short Sellers?

Investors sentiment increased to 3.13 in 2016 Q4. Its up 1.49, from 1.64 in 2016Q3. It improved, as 1 investors sold Bankwell Financial Group Inc shares while 7 reduced holdings. 9 funds opened positions while 16 raised stakes. 6.38 million shares or 105.97% more from 3.10 million shares in 2016Q3 were reported.
Wilkins Counsel Inc owns 22,165 shares for 0.23% of their portfolio. Renaissance Tech holds 0.01% or 133,600 shares in its portfolio. 444,694 were reported by Wellington Mgmt Group Llp. Strs Ohio has 0% invested in Bankwell Financial Group Inc (NASDAQ:BWFG) for 1,800 shares. First Advisors Limited Partnership reported 6,537 shares. Bridgeway Capital Mngmt reported 48,600 shares stake. Seidman Lawrence B holds 3.12% or 136,170 shares in its portfolio. Blackrock Advisors Limited Liability Company reported 2,010 shares or 0% of all its holdings. Morgan Stanley holds 0% or 16,878 shares. 5,900 were reported by New York State Common Retirement Fund. Buckingham Asset Mgmt Limited Liability Com has 29,835 shares. Wasatch Advsr reported 0.03% of its portfolio in Bankwell Financial Group Inc (NASDAQ:BWFG). Financial Bank Of America Corporation De has invested 0% in Bankwell Financial Group Inc (NASDAQ:BWFG). Citigroup accumulated 12,116 shares or 0% of the stock. Banc Funds Co Ltd Llc reported 296,444 shares stake.

Since March 20, 2017, it had 3 insider purchases, and 2 selling transactions for $311,332 activity. Fieber James A sold $327,422 worth of stock. The insider Porto Carl M bought $47,250. Lampert Todd also sold $120,304 worth of Bankwell Financial Group Inc (NASDAQ:BWFG) shares.

The stock of Bankwell Financial Group Incorporated (NASDAQ:BWFG) registered an increase of 21.9% in short interest. BWFG’s total short interest was 51,200 shares in September as published by FINRA. Its up 21.9% from 42,000 shares, reported previously. With 7,700 shares average volume, it will take short sellers 7 days to cover their BWFG’s short positions. The short interest to Bankwell Financial Group Incorporated’s float is 0.96%.

The stock increased 0.68% or $0.24 on September 15, reaching $35.49. About 33,343 shares traded or 199.28% up from the average. Bankwell Financial Group Inc (NASDAQ:BWFG) has risen 54.83% since September 17, 2016 and is uptrending. It has outperformed by 38.13% the S&P500.

Bankwell Financial Group, Inc. is a bank holding company. The company has market cap of $272.72 million. The Firm offers a range of financial services through its banking subsidiary, Bankwell Bank . It has a 19.64 P/E ratio. The Bank is a Connecticut state non-member bank.

More notable recent Bankwell Financial Group Inc (NASDAQ:BWFG) news were published by: Marketwatch.com which released: “35.15” on November 21, 2013, also Nasdaq.com with their article: “Bankwell Financial Group, Inc. (BWFG) Ex-Dividend Date Scheduled for August 11 …” published on August 10, 2017, Businesswire.com published: “Bankwell Financial Group, Inc. to Acquire Quinnipiac Bank & Trust Company” on April 01, 2014. More interesting news about Bankwell Financial Group Inc (NASDAQ:BWFG) were released by: Businesswire.com and their article: “Bankwell Financial Group, Inc. Reports the Planned Retirement of Its Chief …” published on June 14, 2016 as well as Blogs.Wsj.com‘s news article titled: “CFO Moves: Bankwell Financial Group, Yellow Pages” with publication date: November 11, 2016.

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