Busey Financial Corporation (NASDAQ:BUSEP) Short Interest Update

Busey Financial Corporation (NASDAQ:BUSEP) was the recipient of a large growth in short interest during the month of 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

NASDAQ:BUSEP opened at $25.31 on Wednesday. The stock’s 50 day moving average price is $25.72 and its 200 day moving average price is $25.81. Busey Financial has a 52-week low of $24.70 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 Monday, June 1st. Investors of record on Friday, May 15th will be paid a dividend of $0.5156 per share. This represents a $2.06 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Friday, May 15th.

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.