Midland States Bancorp, Inc. (NASDAQ:MSBIP – Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 3,529 shares, a decrease of 38.4% from the July 30th total of 5,725 shares. Based on an average trading volume of 2,365 shares, the short-interest ratio is currently 1.5 days.
Midland States Bancorp Price Performance
Shares of MSBIP stock opened at $25.50 on Monday. Midland States Bancorp has a one year low of $22.87 and a one year high of $26.06. The company’s 50-day moving average is $25.21 and its 200 day moving average is $25.25.
Midland States Bancorp Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.4844 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.94 annualized dividend and a dividend yield of 7.6%.
Midland States Bancorp Company Profile
Midland States Bancorp, Inc is a financial holding company headquartered in Effingham, Illinois, serving as the parent organization of Midland States Bank. The company provides a full suite of banking and financial services to commercial, consumer and institutional clients. Key offerings include traditional commercial lending, treasury management, deposit products and consumer banking solutions tailored to the needs of small businesses, middle-market companies and individual customers.
In addition to core commercial and retail banking, Midland States Bancorp maintains a significant mortgage banking platform that originates and services both residential and commercial loans.
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