Short Interest in Midland States Bancorp, Inc. (NASDAQ:MSBIP) Declines By 12.7%

Midland States Bancorp, Inc. (NASDAQ:MSBIP) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 9,600 shares, a decline of 12.7% from the December 31st total of 11,000 shares. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is presently 0.8 days.

Midland States Bancorp Stock Performance

NASDAQ:MSBIP opened at $24.20 on Monday. Midland States Bancorp has a 52 week low of $23.41 and a 52 week high of $25.77. The stock’s fifty day moving average is $25.01 and its two-hundred day moving average is $25.04.

Midland States Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were given a $0.4844 dividend. The ex-dividend date was Monday, December 16th. This represents a $1.94 dividend on an annualized basis and a yield of 8.01%.

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.