Short Interest in Busey Financial Corporation (NASDAQ:BUSEP) Declines By 83.1%

Busey Financial Corporation (NASDAQ:BUSEP) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 5,337 shares, a decrease of 83.1% from the July 30th total of 31,520 shares. Based on an average daily trading volume, of 15,627 shares, the short-interest ratio is currently 0.3 days.

Busey Financial Stock Performance

Busey Financial stock traded up $0.13 during trading hours on Friday, hitting $26.08. 911 shares of the stock traded hands, compared to its average volume of 17,639. Busey Financial has a one year low of $25.15 and a one year high of $26.65. The firm’s 50-day moving average price is $25.92 and its two-hundred day moving average price is $25.82.

Busey Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be paid a $0.5156 dividend. This represents a $2.06 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Monday, August 17th.

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.