Busey Financial Corporation (NASDAQ:BUSEP) Short Interest Update

Busey Financial Corporation (NASDAQ:BUSEP) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 11,524 shares, a decline of 44.1% from the February 26th total of 20,597 shares. Based on an average trading volume of 13,489 shares, the short-interest ratio is presently 0.9 days.

Busey Financial Price Performance

Shares of NASDAQ:BUSEP opened at $25.60 on Friday. The company’s 50-day moving average price is $25.98 and its two-hundred day moving average price is $25.77. Busey Financial has a one year low of $24.70 and a one year high of $26.65.

Busey Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were issued a dividend of $0.5156 per share. The ex-dividend date was Friday, February 13th. 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.