Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Short Interest Update

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 102,900 shares, a decline of 16.2% from the September 15th total of 122,800 shares. Currently, 1.6% of the shares of the company are sold short. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is currently 23.9 days.

Hawthorn Bancshares Stock Performance

Shares of NASDAQ HWBK traded up $0.45 during trading on Wednesday, reaching $24.20. 3,465 shares of the stock traded hands, compared to its average volume of 10,147. The company has a 50-day moving average of $23.24 and a 200-day moving average of $21.17. Hawthorn Bancshares has a 52-week low of $15.02 and a 52-week high of $26.09. The stock has a market capitalization of $169.45 million, a P/E ratio of 80.67 and a beta of 0.55. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 1.01.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its earnings results on Tuesday, July 30th. The financial services provider reported $0.66 earnings per share for the quarter. The firm had revenue of $18.17 million during the quarter. Hawthorn Bancshares had a net margin of 3.96% and a return on equity of 3.19%.

Hawthorn Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Sunday, September 15th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date was Friday, September 13th. Hawthorn Bancshares’s payout ratio is currently 253.33%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Hawthorn Bancshares in a research report on Friday, October 11th. They set a “buy” rating for the company.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HWBK. Alexander Labrunerie & CO. Inc. bought a new position in shares of Hawthorn Bancshares in the first quarter valued at approximately $381,000. Vanguard Group Inc. boosted its holdings in Hawthorn Bancshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after purchasing an additional 12,800 shares during the period. Renaissance Technologies LLC grew its position in shares of Hawthorn Bancshares by 36.5% during the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of Hawthorn Bancshares by 7.9% in the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after purchasing an additional 1,750 shares during the period. Institutional investors own 30.73% of the company’s stock.

Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in the United States. It accepts checking, savings, money market, individual retirement, and other time deposit accounts, as well as certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards.