Busey Financial Corporation (NASDAQ:BUSEP) Stock Short Interest Rises 92.6%

Busey Financial Corporation (NASDAQ:BUSEP) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 4,477 shares, an increase of 92.6% from the September 30th total of 2,325 shares. Based on an average daily trading volume, of 10,287 shares, the short-interest ratio is currently 0.4 days.

Busey Financial Stock Up 0.8%

Busey Financial stock opened at $25.37 on Friday. Busey Financial has a 52 week low of $25.01 and a 52 week high of $26.65. The business’s 50-day moving average price is $25.60 and its 200 day moving average price is $25.80.

Busey Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were issued a $0.5156 dividend. This represents a $2.06 annualized dividend and a yield of 8.1%. The ex-dividend date was Monday, August 17th.

Busey Financial is a financial services company associated with First Busey Corporation and its principal banking subsidiary, Busey Bank. The company provides a broad range of banking services to individuals, families, businesses, agricultural customers and institutions.

Busey Bank’s offerings include checking and savings accounts, consumer and commercial lending, agricultural loans, mortgages, treasury management and digital banking services. Through affiliated businesses, Busey also provides wealth management, trust and investment services, as well as insurance products.

With roots dating to the 19th century, Busey serves customers primarily in Illinois, Missouri and Florida through banking offices and digital channels.