Short Interest in Busey Financial Corporation (NASDAQ:BUSEP) Increases By 105.3%

Busey Financial Corporation (NASDAQ:BUSEP) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 47,955 shares, a growth of 105.3% from the June 15th total of 23,358 shares. Based on an average daily volume of 20,699 shares, the short-interest ratio is currently 2.3 days.

Busey Financial Price Performance

Shares of NASDAQ BUSEP traded up $0.04 during mid-day trading on Thursday, reaching $25.95. The company had a trading volume of 273 shares, compared to its average volume of 19,325. The stock has a fifty day moving average of $25.73 and a two-hundred day moving average of $25.85. Busey Financial has a 12-month low of $25.00 and a 12-month high of $26.65.

Busey Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were issued a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a dividend yield of 7.9%. The ex-dividend date was Friday, May 15th.

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.