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Severn Bancorp (NASDAQ:SVBI) Director Michael H. Cook acquired 6,550 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was purchased at an average cost of $1.43 per share, for a total transaction of $9,366.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Severn Bancorp (NASDAQ:SVBI) opened at 4.49 on Wednesday. Severn Bancorp has a 52-week low of $4.10 and a 52-week high of $5.54. The stock’s 50-day moving average is $4.5 and its 200-day moving average is $4.62. The company’s market cap is $45.2 million.

Severn Bancorp, Inc (NASDAQ:SVBI) is a savings and loan holding company.

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