Heartland Financial USA, Inc. (NASDAQ:HTLFP) Short Interest Update

Heartland Financial USA, Inc. (NASDAQ:HTLFP) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 2,400 shares, a growth of 118.2% from the February 29th total of 1,100 shares. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is currently 0.6 days.

Heartland Financial USA Stock Down 0.9 %

Shares of HTLFP traded down $0.22 during trading hours on Thursday, reaching $24.88. 6,963 shares of the company traded hands, compared to its average volume of 4,054. Heartland Financial USA has a 12-month low of $18.53 and a 12-month high of $25.75. The stock’s fifty day moving average price is $24.94 and its 200 day moving average price is $24.35.

Heartland Financial USA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Sunday, March 31st will be paid a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.03%. The ex-dividend date is 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.