Midland States Bancorp, Inc. (NASDAQ:MSBIP) Short Interest Update

Midland States Bancorp, Inc. (NASDAQ:MSBIP) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 5,600 shares, a decline of 29.1% from the February 28th total of 7,900 shares. Based on an average daily trading volume, of 18,000 shares, the days-to-cover ratio is presently 0.3 days.

Midland States Bancorp Price Performance

Shares of NASDAQ:MSBIP traded down $0.56 during trading on Tuesday, hitting $23.82. The company had a trading volume of 6,311 shares, compared to its average volume of 9,192. Midland States Bancorp has a one year low of $22.52 and a one year high of $25.77. The company has a fifty day simple moving average of $24.10 and a two-hundred day simple moving average of $24.76.

Midland States Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a dividend of $0.4844 per share. This represents a $1.94 annualized dividend and a yield of 8.13%. The ex-dividend date was Monday, March 17th.

About Midland States Bancorp

Midland States Bancorp, Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.