Short Interest in Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Declines By 16.2%

by · The Cerbat Gem

Hawthorn Bancshares, Inc. (NASDAQ:HWBK – Get Free Report) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 102,900 shares, a decline of 16.2% from the September 15th total of 122,800 shares. Based on an average trading volume of 4,300 shares, the short-interest ratio is presently 23.9 days. Approximately 1.6% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Hawthorn Bancshares in a research report on Friday, October 11th. They set a “buy” rating on the stock.

Check Out Our Latest Analysis on HWBK

Institutional Investors Weigh In On Hawthorn Bancshares

Several institutional investors have recently bought and sold shares of the stock. Alexander Labrunerie & CO. Inc. bought a new stake in Hawthorn Bancshares in the first quarter valued at approximately $381,000. Empowered Funds LLC raised its holdings in Hawthorn Bancshares by 7.9% during the 1st quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock valued at $491,000 after buying an additional 1,750 shares during the last quarter. Renaissance Technologies LLC boosted its position in Hawthorn Bancshares by 36.5% during the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after buying an additional 6,700 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Hawthorn Bancshares by 4.8% in the 1st 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 last quarter. 30.73% of the stock is currently owned by hedge funds and other institutional investors.

Hawthorn Bancshares Price Performance

Shares of NASDAQ HWBK traded up $0.45 during trading hours on Wednesday, reaching $24.20. 3,465 shares of the stock traded hands, compared to its average volume of 10,147. The company’s 50-day simple moving average is $23.24 and its two-hundred day simple moving average is $21.17. The company has a market capitalization of $169.45 million, a P/E ratio of 80.67 and a beta of 0.55. Hawthorn Bancshares has a 52-week low of $15.02 and a 52-week high of $26.09. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.07.

Hawthorn Bancshares (NASDAQ:HWBK – Get Free Report) last posted its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a net margin of 3.96% and a return on equity of 3.19%. The firm had revenue of $18.17 million for the quarter.

Hawthorn Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Sunday, September 15th were issued a $0.19 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.76 annualized dividend and a dividend yield of 3.14%. Hawthorn Bancshares’s dividend payout ratio is currently 253.33%.

Hawthorn Bancshares Company Profile

(Get Free Report)

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.

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