Short Interest in Heartland Financial USA, Inc. (NASDAQ:HTLFP) Rises By 187.5%

Heartland Financial USA, Inc. (NASDAQ:HTLFP) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 2,300 shares, a growth of 187.5% from the June 30th total of 800 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

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

Heartland Financial USA Stock Performance

Shares of NASDAQ HTLFP traded up $0.04 during midday trading on Friday, hitting $25.73. The company’s stock had a trading volume of 3,498 shares, compared to its average volume of 4,785. The stock has a fifty day moving average price of $25.25 and a 200 day moving average price of $25.06. Heartland Financial USA has a one year low of $22.74 and a one year high of $25.75.

Heartland Financial USA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Sunday, June 30th were paid a $0.4375 dividend. This represents a $1.75 annualized dividend and a yield of 6.80%. The ex-dividend date was Friday, June 28th.

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.