Busey Financial Corporation (NASDAQ:BUSEP) Shares Shorted: Short Interest Down 76.0% in September

Busey Financial Corporation (NASDAQ:BUSEP) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 2,325 shares, a decrease of 76.0% from the September 15th total of 9,680 shares. Based on an average daily trading volume, of 13,120 shares, the short-interest ratio is presently 0.2 days.

Busey Financial Trading Up 1.1%

Busey Financial stock opened at $25.43 on Friday. The stock has a 50-day moving average of $25.80 and a two-hundred day moving average of $25.78. Busey Financial has a one year low of $25.03 and a one year high of $26.65.

Busey Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were issued a dividend of $0.5156 per share. The ex-dividend date was Monday, August 17th. This represents a $2.06 annualized dividend and a dividend yield of 8.1%.

Busey Financial is a financial services organization associated with Busey Bank and the broader Busey banking franchise. Its principal activities include commercial and consumer banking, wealth management, mortgage lending and payment technology services. The organization serves individuals, families, businesses and institutions through a range of deposit, lending, investment and treasury-management products.

Busey Bank provides checking and savings accounts, certificates of deposit, residential and commercial real estate loans, business financing, agricultural lending, personal loans and online banking services.