Busey Financial Corporation (NASDAQ:BUSEP) Short Interest Update

Busey Financial Corporation (NASDAQ:BUSEP) was the target of a large 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 volume of 15,627 shares, the short-interest ratio is presently 0.3 days.

Busey Financial Stock Performance

NASDAQ:BUSEP opened at $26.12 on Wednesday. Busey Financial has a 52 week low of $25.15 and a 52 week high of $26.65. The stock’s 50-day moving average price is $25.91 and its 200-day moving average price is $25.82.

Busey Financial Announces Dividend

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