Heartland Financial USA, Inc. (NASDAQ:HTLFP) Sees Significant Increase in Short Interest

Heartland Financial USA, Inc. (NASDAQ:HTLFP) saw a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 1,200 shares, a growth of 300.0% from the November 15th total of 300 shares. Based on an average daily volume of 6,100 shares, the days-to-cover ratio is currently 0.2 days.

Heartland Financial USA Stock Performance

Shares of NASDAQ HTLFP traded down $0.03 during trading on Friday, reaching $25.35. 1,037 shares of the company traded hands, compared to its average volume of 4,906. The firm has a 50 day simple moving average of $25.23 and a 200-day simple moving average of $25.27. Heartland Financial USA has a 52-week low of $23.68 and a 52-week high of $26.20.

Heartland Financial USA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.90%. The ex-dividend date of this dividend is Tuesday, December 31st.

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.