Short Interest in Heartland Financial USA, Inc. (NASDAQ:HTLFP) Drops By 78.6%

Posted by KOP Source Staff on Oct 25th, 2024

Heartland Financial USA, Inc. (NASDAQ:HTLFP – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 300 shares, a decline of 78.6% from the September 30th total of 1,400 shares. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is presently 0.1 days.

Heartland Financial USA Stock Performance

Shares of HTLFP traded down $0.05 during midday trading on Friday, hitting $25.10. The stock had a trading volume of 7,374 shares, compared to its average volume of 4,802. The business has a 50-day simple moving average of $25.29 and a two-hundred day simple moving average of $25.22. Heartland Financial USA has a fifty-two week low of $22.99 and a fifty-two week high of $26.20.

Heartland Financial USA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 6.97%. The ex-dividend date was Monday, September 30th.

Institutional Trading of Heartland Financial USA

An institutional investor recently bought a new position in Heartland Financial USA stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Heartland Financial USA, Inc. (NASDAQ:HTLFP – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,300 shares of the company’s stock, valued at approximately $83,000.

About Heartland Financial USA

(Get Free Report)

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.