Busey Financial Corporation (NASDAQ:BUSEP – Get Free Report) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 47,955 shares, an increase of 105.3% from the June 15th total of 23,358 shares. Based on an average daily trading volume, of 20,699 shares, the days-to-cover ratio is currently 2.3 days.
Busey Financial Trading Up 0.1%
BUSEP stock traded up $0.02 during trading on Wednesday, reaching $25.92. The company’s stock had a trading volume of 892 shares, compared to its average volume of 19,308. The company’s fifty day moving average is $25.73 and its 200-day moving average is $25.85. Busey Financial has a 1 year low of $25.00 and a 1 year high of $26.65.
Busey Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a dividend of $0.5156 per share. The ex-dividend date was Friday, May 15th. This represents a $2.06 annualized dividend and a dividend yield of 8.0%.
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.
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