Busey Financial Corporation (NASDAQ:BUSEP) Short Interest Down 83.1% in August

Busey Financial Corporation (NASDAQ:BUSEP) saw a large decrease in short interest during the month of 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 trading volume of 15,627 shares, the days-to-cover ratio is currently 0.3 days.

Busey Financial Stock Down 0.3%

Busey Financial stock traded down $0.08 during midday trading on Thursday, hitting $25.95. 5,612 shares of the stock were exchanged, compared to its average volume of 17,742. The company has a fifty day simple moving average of $25.92 and a two-hundred day simple moving average of $25.82. Busey Financial has a 52 week low of $25.15 and a 52 week high of $26.65.

Busey Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be given a dividend of $0.5156 per share. This represents a $2.06 dividend on an annualized basis and a dividend 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.