Short interest in shares of Hawthorn Bancshares, Inc., experienced a significant increase during December (NASDAQ: HWBK). As of the 15th of December, there were 23,700 shares sold short, which represents a 45.4% increase from the 16,300 shares that were sold short a month earlier. Currently, 0.4% of the company’s total shares are sold in the short market. Based on an average daily trading volume of 4,100 shares, the days-to-cover ratio has reached a value of 5.8 days. The data from the past served as the source for this information.
A research report on Hawthorn Bancshares that was released on Saturday marked the beginning of coverage by StockNews.com. This was a separate development from the previously mentioned event. They suggested to the investors that the best action would be to “buy” the shares.
The recent events have caused a change in the percentage of the company owned by institutional investors and hedge funds. The shift in ownership percentage caused this change. During the second quarter, Strategic Value Bank Partners LLC was able to amass an additional 22.2% of the ownership stake it held in Hawthorn Bancshares. Strategic Value Bank Partners LLC now owns 5,038 shares of the company, which has a market value of $128,000, after purchasing 916 more shares during the period in question. In addition, Vanguard Group Inc. increased its holdings in Hawthorn Bancshares by 0.8% over the year’s first three months. Vanguard Group Inc. now owns a total of 247,012 shares of the stock held by the financial services provider after acquiring 1,912 additional shares during the most recent quarter to bring the total number of shares owned by the company to a total of 247,012. The value of these shares on the market as of right now is $6,244,000.
AllianceBernstein L.P. increased the proportion of Hawthorn Bancshares in which it was invested by 6.7% during the third quarter. AllianceBernstein L.P. was the owner of 217,471 shares in the financial services company as of the end of the most recent fiscal quarter (as of the end of the most recent fiscal quarter). The price at which these shares are trading on the market now is $4,754,000. In the third quarter, Dimensional Fund Advisors L.P. made a 0.9% purchase of additional Hawthorn Bancshares stock, bringing the total percentage of the company’s shares that it owned to 100%. Dimensional Fund Advisors L.P. now owns 176,553 shares of the financial services company after purchasing an additional 1,607 shares during the most recent quarter. These shares were acquired during the most recent quarter. These shares are currently trading on the market for $3,860,000.
Last but not least, State Street Corporation increased its holdings in Hawthorn Bancshares by 6.7% during the second quarter. This certainly should not be considered the least important development. State Street Corp. now has a total holdings count of 26,265 shares of the financial services provider with a market capitalization of $674,000. This is a result of the additional purchase of 1,659 shares during the most recent quarter. The combined holdings of the company’s stock by institutional investors and hedge funds amount to 32.88% of the total shares outstanding.
The price of HWBK stock increased to $21.77 during regular trading hours on Friday, reflecting a rise of $0.32 from the previous day’s closing price. Only 2,404 of the company’s shares were traded, significantly less than the typical volume of 5,503 shares. The company has a market value that is currently sitting at $147.38 million, a price-to-earnings ratio that is currently sitting at 6.77, and a beta that is currently sitting at 0.43. The price of Hawthorn Bancshares reached its all-time high of $27.46 one year ago, while the company’s all-time low was $21.06. The stock currently has a simple moving average of $22.46 over the past fifty days, and its simple moving average over the past 200 days is currently at $23.73. The debt-to-equity ratio is 1.06, the current ratio is 0.96, and the quick ratio is also 0.96. The debt-to-equity, current, and quick ratios all come at the same value.
In addition, the business recently announced a quarterly dividend that will be paid out on the first day of the new year. Shareholders on record as of the 15th of December will be eligible to receive a dividend payment of $0.17 on that day. When calculated on an annualized basis, this results in a dividend payment of $0.68 per share and a dividend yield of 3.12%. The date to pay the dividend must be met on the 14th of December, which falls on a Wednesday. Currently, the payout ratio for Hawthorn Bancshares stands at 21.14 percent.
Hawthorn Bank, which provides banking services to individuals and businesses, reports to Hawthorn Bancshares, Inc. as its parent company. Hawthorn Bank provides banking services to both individuals and businesses. We now accept certificates of deposit in addition to traditional checking and savings accounts, money market accounts, individual retirement accounts, and other types of time deposits. There are also loans available for consumers, businesses, and industries; individuals making a single payment; individuals making payments in installments; commercial and residential real estate; and loans from the Small Business Administration for equipment and operational costs.