Midland States Bancorp, Inc. (NASDAQ:MSBIP) Short Interest Down 12.7% in January

Midland States Bancorp, Inc. (NASDAQ:MSBIP) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 9,600 shares, a decline of 12.7% from the December 31st total of 11,000 shares. Based on an average trading volume of 11,300 shares, the days-to-cover ratio is currently 0.8 days.

Midland States Bancorp Stock Performance

Shares of NASDAQ MSBIP traded up $0.05 during midday trading on Friday, reaching $24.20. 9,589 shares of the company were exchanged, compared to its average volume of 21,079. The stock’s 50-day moving average price is $25.01 and its 200-day moving average price is $25.04. Midland States Bancorp has a one year low of $23.41 and a one year high of $25.77.

Midland States Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were issued a dividend of $0.4844 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 8.01%. The ex-dividend date of this dividend was Monday, December 16th.

Midland States Bancorp Company Profile

Midland States Bancorp, Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.