Heartland Financial USA, Inc. (NASDAQ:HTLFP) Short Interest Up 16.7% in March

Heartland Financial USA, Inc. (NASDAQ:HTLFP) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,800 shares, an increase of 16.7% from the March 15th total of 2,400 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Heartland Financial USA

A hedge fund recently bought a new stake in Heartland Financial USA stock. Thompson Investment Management Inc. acquired a new stake in shares of Heartland Financial USA, Inc. (NASDAQ:HTLFP) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $50,000.

Heartland Financial USA Price Performance

HTLFP stock opened at $24.90 on Tuesday. The stock has a 50-day moving average price of $24.92 and a two-hundred day moving average price of $24.48. Heartland Financial USA has a 12-month low of $18.53 and a 12-month high of $25.75.

Heartland Financial USA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were given a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 7.03%. The ex-dividend date was Wednesday, March 27th.

About Heartland Financial USA

Heartland Financial USA, Inc, a bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company accepts various deposit products, including checking, demand deposit accounts, NOW accounts, savings, money market, and individual retirement; certificates of deposit; and other time deposits.