Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Short Interest Down 10.3% in July

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 138,100 shares, a decrease of 10.3% from the July 15th total of 153,900 shares. Approximately 2.2% of the company’s shares are short sold. Based on an average daily volume of 4,700 shares, the short-interest ratio is presently 29.4 days.

Hawthorn Bancshares Stock Performance

Shares of HWBK stock traded down $0.03 during trading hours on Friday, reaching $21.88. The company had a trading volume of 2,862 shares, compared to its average volume of 11,384. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.01 and a current ratio of 1.01. Hawthorn Bancshares has a one year low of $15.02 and a one year high of $26.00. The firm has a market cap of $153.20 million, a PE ratio of 72.93 and a beta of 0.56. The business has a fifty day moving average price of $20.56 and a 200-day moving average price of $20.63.

Hawthorn Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Sunday, September 15th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 3.47%. The ex-dividend date is Friday, September 13th. Hawthorn Bancshares’s dividend payout ratio is 253.33%.

Hedge Funds Weigh In On Hawthorn Bancshares

Several large investors have recently made changes to their positions in HWBK. Renaissance Technologies LLC boosted its stake in Hawthorn Bancshares by 36.5% during the second quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after buying an additional 6,700 shares during the period. Alexander Labrunerie & CO. Inc. purchased a new position in Hawthorn Bancshares during the 1st quarter worth approximately $381,000. Vanguard Group Inc. grew its holdings in Hawthorn Bancshares by 4.8% during the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after acquiring an additional 12,800 shares during the period. Empowered Funds LLC lifted its stake in shares of Hawthorn Bancshares by 7.9% in the 1st quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock valued at $491,000 after purchasing an additional 1,750 shares during the period. Finally, Eagle Bluffs Wealth Management LLC purchased a new position in shares of Hawthorn Bancshares in the 1st quarter valued at about $240,000. 30.73% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Hawthorn Bancshares in a research report on Friday. They issued a “buy” rating for the company.

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.