Short Interest in Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Grows By 14.5%

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 117,800 shares, an increase of 14.5% from the September 30th total of 102,900 shares. Currently, 1.9% of the company’s shares are short sold. Based on an average daily volume of 4,700 shares, the short-interest ratio is presently 25.1 days.

Hawthorn Bancshares Trading Down 0.4 %

Shares of NASDAQ HWBK traded down $0.10 during midday trading on Thursday, reaching $28.00. The stock had a trading volume of 698 shares, compared to its average volume of 10,780. The firm has a market cap of $196.06 million, a price-to-earnings ratio of 93.67 and a beta of 0.55. Hawthorn Bancshares has a twelve month low of $16.69 and a twelve month high of $29.66. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.01 and a current ratio of 1.01. The company’s 50 day moving average price is $23.97 and its 200 day moving average price is $21.45.

Hawthorn Bancshares (NASDAQ:HWBK) last released its earnings results on Tuesday, July 30th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a net margin of 3.96% and a return on equity of 3.19%. The business had revenue of $18.17 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Hawthorn Bancshares in a research report on Sunday. They set a “buy” rating for the company.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Empowered Funds LLC increased its holdings in Hawthorn Bancshares by 7.9% in the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after purchasing an additional 1,750 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Hawthorn Bancshares by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after buying an additional 12,800 shares in the last quarter. Alexander Labrunerie & CO. Inc. acquired a new stake in shares of Hawthorn Bancshares during the 1st quarter worth approximately $381,000. Finally, Renaissance Technologies LLC increased its stake in shares of Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after acquiring an additional 6,700 shares in the last quarter. 30.73% of the stock is owned by institutional investors and hedge funds.

Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in the United States. It accepts checking, savings, money market, individual retirement, and other time deposit accounts, as well as certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards.