Midland States Bancorp, Inc. (NASDAQ:MSBIP) Short Interest Up 214.3% in January

Midland States Bancorp, Inc. (NASDAQ:MSBIP) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 11,000 shares, an increase of 214.3% from the December 31st total of 3,500 shares. Based on an average trading volume of 8,100 shares, the short-interest ratio is currently 1.4 days.

Midland States Bancorp Trading Up 0.9 %

Shares of Midland States Bancorp stock traded up $0.22 on Wednesday, reaching $24.32. 26,536 shares of the stock were exchanged, compared to its average volume of 22,334. Midland States Bancorp has a twelve month low of $23.41 and a twelve month high of $25.77. The business has a 50 day moving average price of $25.07 and a two-hundred day moving average price of $25.06.

Midland States Bancorp Announces Dividend

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 $0.4844 dividend. This represents a $1.94 annualized dividend and a dividend yield of 7.97%. The ex-dividend date 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.