Heartland Financial USA, Inc. (NASDAQ:HTLFP) Short Interest Update

Heartland Financial USA, Inc. (NASDAQ:HTLFP) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totalling 1,300 shares, a drop of 61.8% from the May 31st total of 3,400 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Heartland Financial USA

A hedge fund recently bought a new stake in Heartland Financial USA stock. Thompson Investment Management Inc. purchased a new stake in Heartland Financial USA, Inc. (NASDAQ:HTLFP) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,000 shares of the company’s stock, valued at approximately $50,000.

Heartland Financial USA Price Performance

HTLFP traded down $0.19 during midday trading on Friday, hitting $25.12. 3,300 shares of the company’s stock traded hands, compared to its average volume of 4,731. The stock’s fifty day simple moving average is $25.19 and its 200-day simple moving average is $25.01. Heartland Financial USA has a one year low of $22.74 and a one year high of $25.75.

Heartland Financial USA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be given a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 6.97%. The ex-dividend date is Friday, June 28th.

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.