Short Interest in Heartland Financial USA, Inc. (NASDAQ:HTLFP) Increases By 60.7%

Heartland Financial USA, Inc. (NASDAQ:HTLFP) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 4,500 shares, an increase of 60.7% from the March 31st total of 2,800 shares. Based on an average trading volume of 4,100 shares, the short-interest ratio is currently 1.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Heartland Financial USA stock. Thompson Investment Management Inc. purchased a new position in shares of Heartland Financial USA, Inc. (NASDAQ:HTLFP) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,000 shares of the company’s stock, valued at approximately $50,000.

Heartland Financial USA Stock Performance

Heartland Financial USA stock opened at $24.89 on Monday. Heartland Financial USA has a 12 month low of $18.53 and a 12 month high of $25.75. The company’s fifty day simple moving average is $24.93 and its 200-day simple moving average is $24.57.

Heartland Financial USA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were given a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a 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.