Midland States Bancorp, Inc. (NASDAQ:MSBIP) Short Interest Up 106.3% in January

Midland States Bancorp, Inc. (NASDAQ:MSBIP) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 19,800 shares, a growth of 106.3% from the January 15th total of 9,600 shares. Based on an average trading volume of 13,400 shares, the short-interest ratio is currently 1.5 days.

Midland States Bancorp Trading Down 0.2 %

Shares of NASDAQ MSBIP traded down $0.04 during midday trading on Thursday, reaching $24.66. The company had a trading volume of 6,317 shares, compared to its average volume of 18,873. The firm’s fifty day moving average price is $24.90 and its 200-day moving average price is $25.01. Midland States Bancorp has a one year low of $23.41 and a one year high of $25.77.

Midland States Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a $0.4844 dividend. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.86%. The ex-dividend date of this dividend is Monday, March 17th.

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.