Hawthorn Bancshares, Inc. (NASDAQ:HWBK) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 105,200 shares, a decrease of 8.8% from the July 31st total of 115,300 shares. Currently, 1.8% of the company’s shares are short sold. Based on an average daily trading volume, of 23,300 shares, the days-to-cover ratio is presently 4.5 days.

In other Hawthorn Bancshares news, Director Frank E. Burkhead bought 2,000 shares of Hawthorn Bancshares stock in a transaction that occurred on Tuesday, August 27th. The shares were purchased at an average cost of $21.71 per share, for a total transaction of $43,420.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 10.60% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HWBK. BlackRock Inc. lifted its position in Hawthorn Bancshares by 3,512.8% during the second quarter. BlackRock Inc. now owns 258,530 shares of the financial services provider’s stock worth $6,928,000 after buying an additional 251,374 shares during the period. Vanguard Group Inc. increased its stake in Hawthorn Bancshares by 15.0% during the second quarter. Vanguard Group Inc. now owns 213,854 shares of the financial services provider’s stock worth $5,732,000 after acquiring an additional 27,828 shares during the last quarter. Atria Investments LLC acquired a new stake in Hawthorn Bancshares during the second quarter worth about $265,000. Bank of New York Mellon Corp acquired a new stake in Hawthorn Bancshares during the second quarter worth about $658,000. Finally, Northern Trust Corp acquired a new stake in Hawthorn Bancshares during the second quarter worth about $381,000. Hedge funds and other institutional investors own 33.32% of the company’s stock.

NASDAQ HWBK traded up $0.43 during trading hours on Friday, hitting $24.03. 21,841 shares of the company’s stock were exchanged, compared to its average volume of 10,749. The business’s 50 day moving average is $22.82 and its 200-day moving average is $24.45. Hawthorn Bancshares has a 12-month low of $20.05 and a 12-month high of $28.62. The firm has a market capitalization of $148.12 million, a P/E ratio of 12.08 and a beta of 0.21. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.98 and a current ratio of 0.98.

Hawthorn Bancshares (NASDAQ:HWBK) last released its earnings results on Tuesday, July 30th. The financial services provider reported $0.56 earnings per share for the quarter. Hawthorn Bancshares had a return on equity of 12.01% and a net margin of 19.58%. The firm had revenue of $14.28 million for the quarter.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Sunday, September 15th will be given a dividend of $0.12 per share. The ex-dividend date is Thursday, September 12th. This represents a $0.48 annualized dividend and a yield of 2.00%.

Separately, ValuEngine downgraded Hawthorn Bancshares from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st.

Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in Missouri. The company offers checking and savings accounts, and certificates of deposit; and a range of lending services, including commercial and industrial, single payment personal, installment, and commercial and residential real estate loans.

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