Short Interest in Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Drops By 10.3%

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) was the recipient of a large decrease in short interest in 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. Currently, 2.2% of the shares of the company are sold short. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is presently 29.4 days.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Hawthorn Bancshares in a research note on Friday. They issued a “buy” rating on the stock.

Hedge Funds Weigh In On Hawthorn Bancshares

Large investors have recently added to or reduced their stakes in the company. Eagle Bluffs Wealth Management LLC bought a new stake in Hawthorn Bancshares in the 1st quarter valued at $240,000. Empowered Funds LLC increased its stake 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 valued at $491,000 after acquiring an additional 1,750 shares during the period. Vanguard Group Inc. raised its position in Hawthorn Bancshares by 4.8% in the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after purchasing an additional 12,800 shares in the last quarter. Alexander Labrunerie & CO. Inc. bought a new position in Hawthorn Bancshares during the first quarter worth about $381,000. Finally, Renaissance Technologies LLC boosted its holdings 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 valued at $496,000 after purchasing an additional 6,700 shares in the last quarter. Institutional investors and hedge funds own 30.73% of the company’s stock.

Hawthorn Bancshares Stock Performance

Shares of NASDAQ:HWBK traded down $0.13 on Monday, hitting $21.75. 552 shares of the company were exchanged, compared to its average volume of 11,315. The company’s 50 day moving average price is $20.56 and its two-hundred day moving average price is $20.56. The firm has a market capitalization of $152.29 million, a price-to-earnings ratio of 72.93 and a beta of 0.56. 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.

Hawthorn Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Sunday, September 15th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.76 annualized dividend and a yield of 3.49%. Hawthorn Bancshares’s dividend payout ratio is 253.33%.

About Hawthorn Bancshares

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.