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

Posted by Tech Dows on Oct 25th, 2024

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

Heartland Financial USA Price Performance

Shares of NASDAQ:HTLFP traded down $0.05 during midday trading on Friday, hitting $25.10. 7,374 shares of the stock were exchanged, compared to its average volume of 4,802. The business’s fifty day simple moving average is $25.29 and its two-hundred day simple moving average is $25.22. Heartland Financial USA has a 52-week low of $22.99 and a 52-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 issued a $0.4375 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.75 dividend on an annualized basis and a yield of 6.97%.

Institutional Trading of Heartland Financial USA

A hedge fund recently bought a new stake in Heartland Financial USA stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Heartland Financial USA, Inc. (NASDAQ:HTLFP – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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.