Heartland Financial USA, Inc. (NASDAQ:HTLFP) Short Interest Up 187.5% in July

Heartland Financial USA, Inc. (NASDAQ:HTLFP) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 2,300 shares, an increase of 187.5% from the June 30th total of 800 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is presently 0.4 days.

Heartland Financial USA Stock Performance

HTLFP traded up $0.04 on Friday, reaching $25.73. 3,498 shares of the stock were exchanged, compared to its average volume of 4,785. The company’s 50-day moving average price is $25.25 and its 200 day moving average price is $25.06. Heartland Financial USA has a fifty-two week low of $22.74 and a fifty-two week high of $25.75.

Heartland Financial USA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Sunday, June 30th were paid a dividend of $0.4375 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.80%.

Hedge Funds Weigh In On Heartland Financial USA

An institutional investor recently bought a new position in Heartland Financial USA stock. Thompson Investment Management Inc. purchased a new stake in Heartland Financial USA, Inc. (NASDAQ:HTLFP) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,000 shares of the company’s stock, valued at approximately $50,000.

Heartland Financial USA Company Profile

Heartland Financial USA, Inc, a bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company accepts various deposit products, including checking, demand deposit accounts, NOW accounts, savings, money market, and individual retirement; certificates of deposit; and other time deposits.