Busey Financial Corporation (NASDAQ:BUSEP) Short Interest Up 75.2% in April

Busey Financial Corporation (NASDAQ:BUSEP) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 17,051 shares, a growth of 75.2% from the April 15th total of 9,731 shares. Based on an average daily trading volume, of 11,362 shares, the days-to-cover ratio is presently 1.5 days.

Busey Financial Stock Performance

Busey Financial stock opened at $25.44 on Tuesday. Busey Financial has a 12 month low of $24.70 and a 12 month high of $26.65. The business has a 50 day simple moving average of $25.74 and a 200-day simple moving average of $25.81.

Busey Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be given a $0.5156 dividend. The ex-dividend date is Friday, May 15th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.1%.

Busey Financial Corporation (NASDAQ: BUSEP) is a diversified financial services holding company headquartered in Champaign, Illinois. It operates primarily through its banking subsidiary, Busey Bank, offering a range of financial solutions to consumer, business and institutional clients. The company focuses on community-driven banking with local decision-making and personalized service models.

The company’s main business activities include commercial lending, consumer deposit accounts, treasury and cash management services, and mortgage origination.