Busey Financial Corporation (NASDAQ:BUSEP) Short Interest Up 75.2% in April

Busey Financial Corporation (NASDAQ:BUSEP) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 17,051 shares, an increase 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 currently 1.5 days.

Busey Financial Stock Up 0.3%

Busey Financial stock traded up $0.09 during trading hours on Monday, reaching $25.48. 2,763 shares of the stock were exchanged, compared to its average volume of 19,184. Busey Financial has a 52-week low of $24.70 and a 52-week high of $26.65. The firm’s 50 day moving average is $25.75 and its 200 day moving average is $25.81.

Busey Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be given a dividend of $0.5156 per share. The ex-dividend date is Friday, May 15th. This represents a $2.06 dividend on an annualized basis and a yield of 8.1%.

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.