Heartland Financial USA, Inc. (NASDAQ:HTLFP) Sees Significant Growth in Short Interest

Heartland Financial USA, Inc. (NASDAQ:HTLFP) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 6,300 shares, a growth of 215.0% from the December 15th total of 2,000 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is presently 1.1 days.

Heartland Financial USA Stock Performance

Shares of Heartland Financial USA stock opened at $25.24 on Tuesday. Heartland Financial USA has a 1 year low of $24.28 and a 1 year high of $26.20. The company’s fifty day simple moving average is $25.31 and its 200-day simple moving average is $25.27.

Heartland Financial USA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.4375 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.75 annualized dividend and a yield of 6.93%.

About Heartland Financial USA

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.