EPS for Mercantile Bank (MBWM) Expected At $0.61; Xbiotech (XBIT) Shorts Increased By 13.94%

XBiotech Inc. (NASDAQ:XBIT) Logo

Xbiotech Inc (NASDAQ:XBIT) had an increase of 13.94% in short interest. XBIT’s SI was 1.25M shares in June as released by FINRA. Its up 13.94% from 1.10M shares previously. With 293,500 avg volume, 4 days are for Xbiotech Inc (NASDAQ:XBIT)’s short sellers to cover XBIT’s short positions. The SI to Xbiotech Inc’s float is 6.24%. The stock increased 2.29% or $0.16 during the last trading session, reaching $7.15. About 172,373 shares traded or 11.93% up from the average. XBiotech Inc. (NASDAQ:XBIT) has risen 114.12% since June 16, 2018 and is uptrending. It has outperformed by 109.69% the S&P500. Some Historical XBIT News: 20/04/2018 – DJ XBiotech Inc, Inst Holders, 1Q 2018 (XBIT); 22/05/2018 – XBiotech Announces First Patient in Phase 2 Study Evaluating MABp1 in Patients with Atopic Dermatitis; 02/04/2018 – XBIOTECH INC – OBTAINED AN EXCLUSIVE, WORLDWIDE LICENSE FROM CT ATLANTIC AG, A SWISS BIOTECHNOLOGY COMPANY; 16/04/2018 – Press Release: XBiotech Announces Upcoming Phase 2 Clinical Studies in Dermatology; 02/04/2018 – XBIOTECH IN-LICENSES ANTI-NY-ESO-1 ANTIBODY FROM CT ATLANTIC; 02/04/2018 – XBIOTECH – WILL USE ITS TECHNOLOGY TO ADVANCE DEVELOPMENT OF TRUE HUMAN(TM )ANTI-NY-ESO-1 MONOCLONAL ANTIBODY, 12D7; 02/04/2018 – XBIOTECH INC – HAS OBTAINED AN EXCLUSIVE, WORLDWIDE LICENSE FROM CT ATLANTIC AG; 16/04/2018 – XBIOTECH INC – UPCOMING PHASE 2 CLINICAL STUDIES IN PATIENTS WITH MODERATE TO SEVERE ATOPIC DERMATITIS (AD) AND HIDRADENITIS SUPPURATIVA (HS); 16/04/2018 – XBIOTECH INC – CONDUCTING FINAL PREPARATIONS FOR STUDY LAUNCH INCLUDING FIRST CLINICAL SITE INITIATION SCHEDULED LATER THIS MONTH; 02/04/2018 XBiotech In-licenses Anti-NY-ESO-1 Antibody Targeting Advanced Cancer

Analysts expect Mercantile Bank Corporation (NASDAQ:MBWM) to report $0.61 EPS on July, 16.They anticipate $0.04 EPS change or 7.02% from last quarter’s $0.57 EPS. MBWM’s profit would be $10.02M giving it 13.08 P/E if the $0.61 EPS is correct. After having $0.61 EPS previously, Mercantile Bank Corporation’s analysts see 0.00% EPS growth. The stock increased 0.06% or $0.02 during the last trading session, reaching $31.91. About 18,571 shares traded. Mercantile Bank Corporation (NASDAQ:MBWM) has declined 3.36% since June 16, 2018 and is downtrending. It has underperformed by 7.79% the S&P500. Some Historical MBWM News: 24/04/2018 – Mercantile Bank of Michigan and Abe AI Celebrate #FinHealthMatters Day with Launch of Groundbreaking Financial Management; 17/04/2018 – Mercantile Bank Corporation Declares Regular Cash Dividend; 17/04/2018 – MERCANTILE BANK 1Q NET INTEREST MARGIN 4.06%; 17/04/2018 – Mercantile Bank 1Q EPS Boosted 16c by Items; 17/04/2018 – Correct: Mercantile Bank 1Q EPS Boosted 10c by Items; 21/03/2018 – Consolidated Research: 2018 Summary Expectations for First Foundation, Internap, Mercantile Bank, Diamond Hill Investment Group; 24/04/2018 – Mercantile Bank of Michigan and Abe Al Celebrate #FinHealthMatters Day with Launch of Groundbreaking Financial Management Technology; 07/03/2018 – Mercantile Bank S. Africa Has About 60 Interested Buyers, Fin24; 06/04/2018 – Mercantile Bank Closes Below 200-Day Moving Average: Technicals; 22/04/2018 – DJ Mercantile Bank Corporation, Inst Holders, 1Q 2018 (MBWM)

More notable recent XBiotech Inc. (NASDAQ:XBIT) news were published by: Globenewswire.com which released: “XBiotech Added to Russell 3000® Index Nasdaq:XBIT – GlobeNewswire” on June 11, 2019, also Globenewswire.com with their article: “XBiotech Announces Public Offering of Common Shares – GlobeNewswire” published on May 30, 2019, Globenewswire.com published: “XBiotech Announces Closing of Public Offering of Common Shares – GlobeNewswire” on June 04, 2019. More interesting news about XBiotech Inc. (NASDAQ:XBIT) were released by: Nasdaq.com and their article: “Health Care Sector Update for 05/31/2019: XBIT,IOVA,ASND – Nasdaq” published on May 31, 2019 as well as Globenewswire.com‘s news article titled: “XBiotech Announces Pricing of Public Offering of Common Shares – GlobeNewswire” with publication date: May 31, 2019.

XBiotech Inc., a clinical-stage biopharmaceutical company, engages in discovering and developing True Human monoclonal antibodies for treating various diseases. The company has market cap of $292.71 million. The companyÂ’s lead product is Xilonix, which is also known as MABp1, a therapeutic antibody that neutralizes interleukin-1 alpha, which has completed Phase III clinical trial in Europe for the treatment of symptomatic and advanced colorectal cancer. It currently has negative earnings. It has also investigating its lead product candidate in various clinical trials for other inflammatory conditions, including vascular disease, type II diabetes, acne, psoriasis, pyoderma gangrenosum, and hidradenitis suppurativa, as well as staphylococcus aureus infection, influenza, and clostridium difficile infection diseases.

More notable recent Mercantile Bank Corporation (NASDAQ:MBWM) news were published by: Finance.Yahoo.com which released: “Have Insiders Been Selling Mercantile Bank Corporation (NASDAQ:MBWM) Shares? – Yahoo Finance” on June 14, 2019, also Finance.Yahoo.com with their article: “What Type Of Shareholder Owns Mercantile Bank Corporation’s (NASDAQ:MBWM)? – Yahoo Finance” published on May 22, 2019, Nasdaq.com published: “FBIZ or MBWM: Which Is the Better Value Stock Right Now? – Nasdaq” on June 07, 2019. More interesting news about Mercantile Bank Corporation (NASDAQ:MBWM) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About Mercantile Bank Corp. (MBWM) – Yahoo Finance” published on May 09, 2019 as well as Nasdaq.com‘s news article titled: “Analysts Estimate Mercantile Bank (MBWM) to Report a Decline in Earnings: What to Look Out for – Nasdaq” with publication date: April 09, 2019.

Investors sentiment increased to 1.14 in Q1 2019. Its up 0.16, from 0.98 in 2018Q4. It improved, as 7 investors sold Mercantile Bank Corporation shares while 30 reduced holdings. 13 funds opened positions while 29 raised stakes. 8.74 million shares or 0.36% more from 8.71 million shares in 2018Q4 were reported. Deutsche Bank Ag owns 29,345 shares or 0% of their US portfolio. Millennium Mgmt Ltd Llc has 17,583 shares for 0% of their portfolio. Azimuth Management Lc has 10,279 shares for 0.02% of their portfolio. Rhumbline Advisers owns 24,019 shares or 0% of their US portfolio. Dynamic Advisor Solutions Limited Co reported 0.06% in Mercantile Bank Corporation (NASDAQ:MBWM). Bnp Paribas Arbitrage Sa reported 3,396 shares. Pnc Financial Gp reported 0% in Mercantile Bank Corporation (NASDAQ:MBWM). 5,295 were accumulated by Citigroup. Spark Investment Management has invested 0.02% of its portfolio in Mercantile Bank Corporation (NASDAQ:MBWM). The Massachusetts-based Wellington Management Gp Llp has invested 0% in Mercantile Bank Corporation (NASDAQ:MBWM). Tiaa Cref Mgmt Limited Liability Corp holds 34,696 shares or 0% of its portfolio. Northern Tru Corp reported 0% in Mercantile Bank Corporation (NASDAQ:MBWM). Swiss Bankshares owns 27,200 shares. Brandywine Inv Management Ltd Llc accumulated 4,537 shares. Great West Life Assurance Can has invested 0% in Mercantile Bank Corporation (NASDAQ:MBWM).

Mercantile Bank Corporation operates as the bank holding firm for Mercantile Bank of Michigan that provides commercial banking services for small- to medium-sized businesses and individuals in the United States. The company has market cap of $524.06 million. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit, as well as repurchase agreements. It has a 12.33 P/E ratio. The firm also offers commercial and industrial loans; vacant land, land development, and residential construction loans; owner occupied real estate, non-owner occupied real estate, and multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as loans for new and used automobiles, boats, and credit cards, as well as overdraft protection for its checking account customers.

Mercantile Bank Corporation (NASDAQ:MBWM) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Source link

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *