Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Sees Large Decrease in Short Interest

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 122,800 shares, a decrease of 8.4% from the August 31st total of 134,100 shares. Approximately 2.0% of the company’s shares are sold short. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is currently 29.2 days.

Institutional Trading of Hawthorn Bancshares

Institutional investors and hedge funds have recently made changes to their positions in the company. Empowered Funds LLC raised its holdings in shares of Hawthorn Bancshares by 7.9% in the 1st quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock valued at $491,000 after purchasing an additional 1,750 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after acquiring an additional 6,700 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Hawthorn Bancshares by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after purchasing an additional 12,800 shares during the last quarter. Finally, Alexander Labrunerie & CO. Inc. bought a new stake in Hawthorn Bancshares during the first quarter valued at about $381,000. 30.73% of the stock is currently owned by institutional investors.

Hawthorn Bancshares Stock Up 0.4 %

NASDAQ:HWBK opened at $25.03 on Tuesday. The stock has a fifty day simple moving average of $22.83 and a 200-day simple moving average of $20.95. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.07. The company has a market cap of $175.26 million, a price-to-earnings ratio of 83.43 and a beta of 0.55. Hawthorn Bancshares has a twelve month low of $15.02 and a twelve month high of $26.09.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its earnings results on Tuesday, July 30th. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a net margin of 3.96% and a return on equity of 3.19%. The business had revenue of $18.17 million for the quarter.

Hawthorn Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Sunday, September 15th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend is Friday, September 13th. Hawthorn Bancshares’s payout ratio is 253.33%.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Hawthorn Bancshares in a research note on Wednesday, September 25th. They set a “buy” rating on the stock.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in the United States. It accepts checking, savings, money market, individual retirement, and other time deposit accounts, as well as certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards.