Busey Financial Corporation (NASDAQ:BUSEP) Short Interest Up 75.2% in April

Busey Financial Corporation (NASDAQ:BUSEP) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 17,051 shares, an increase of 75.2% from the April 15th total of 9,731 shares. Based on an average daily volume of 11,362 shares, the short-interest ratio is presently 1.5 days.

Busey Financial Trading Up 0.3%

Shares of NASDAQ:BUSEP traded up $0.09 during trading hours on Monday, reaching $25.48. The stock had a trading volume of 2,763 shares, compared to its average volume of 19,184. Busey Financial has a 1 year low of $24.70 and a 1 year high of $26.65. The firm’s 50 day moving average is $25.75 and its 200-day moving average is $25.81.

Busey Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be issued a $0.5156 dividend. The ex-dividend date is Friday, May 15th. This represents a $2.06 annualized dividend and a dividend yield of 8.1%.

Busey Financial Corporation (NASDAQ: BUSEP) is a diversified financial services holding company headquartered in Champaign, Illinois. It operates primarily through its banking subsidiary, Busey Bank, offering a range of financial solutions to consumer, business and institutional clients. The company focuses on community-driven banking with local decision-making and personalized service models.

The company’s main business activities include commercial lending, consumer deposit accounts, treasury and cash management services, and mortgage origination.