Busey Financial Corporation (NASDAQ:BUSEP) Sees Large Increase in Short Interest

Busey Financial Corporation (NASDAQ:BUSEP) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 12,748 shares, an increase of 24.9% from the November 30th total of 10,203 shares. Based on an average daily volume of 18,790 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 18,790 shares, the days-to-cover ratio is currently 0.7 days.

Busey Financial Trading Down 0.7%

Busey Financial stock opened at $25.75 on Friday. Busey Financial has a fifty-two week low of $24.70 and a fifty-two week high of $26.13. The firm has a fifty day moving average price of $25.62.

Busey Financial (NASDAQ:BUSEP) last released its quarterly earnings data on Tuesday, January 25th. The company reported $0.62 EPS for the quarter. The business had revenue of $103.44 million during the quarter.

Busey Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were paid a dividend of $0.5156 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend was Friday, November 14th.

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.