Short Interest in Heartland Financial USA, Inc. (NASDAQ:HTLFP) Increases By 60.7%

Heartland Financial USA, Inc. (NASDAQ:HTLFP) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 4,500 shares, a growth of 60.7% from the March 31st total of 2,800 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is currently 1.1 days.

Heartland Financial USA Price Performance

Shares of HTLFP stock opened at $24.89 on Friday. Heartland Financial USA has a 12-month low of $18.53 and a 12-month high of $25.75. The firm has a fifty day moving average of $24.93 and a 200-day moving average of $24.55.

Heartland Financial USA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were given a dividend of $0.4375 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.75 annualized dividend and a yield of 7.03%.

Institutional Investors Weigh In On Heartland Financial USA

An institutional investor recently bought a new position in Heartland Financial USA stock. Thompson Investment Management Inc. bought a new stake in Heartland Financial USA, Inc. (NASDAQ:HTLFP) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 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.