Midland States Bancorp, Inc. (NASDAQ:MSBIP) Short Interest Up 214.3% in January

Midland States Bancorp, Inc. (NASDAQ:MSBIP) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 11,000 shares, a growth of 214.3% from the December 31st total of 3,500 shares. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is currently 1.4 days.

Midland States Bancorp Stock Up 0.9 %

Shares of NASDAQ MSBIP traded up $0.22 during trading hours on Wednesday, reaching $24.32. The stock had a trading volume of 26,536 shares, compared to its average volume of 22,334. Midland States Bancorp has a 52-week low of $23.41 and a 52-week high of $25.77. The business’s fifty day moving average price is $25.07 and its two-hundred day moving average price is $25.06.

Midland States Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were given a dividend of $0.4844 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.97%. The ex-dividend date was Monday, December 16th.

About Midland States Bancorp

Midland States Bancorp, Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.