Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Sees Significant Decrease in Short Interest

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Hawthorn Bancshares, Inc. (NASDAQ:HWBK) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 105,200 shares, a drop of 8.8% from the July 31st total of 115,300 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average daily trading volume, of 23,300 shares, the short-interest ratio is presently 4.5 days.

Separately, ValuEngine cut Hawthorn Bancshares from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st.

In other news, Director Frank E. Burkhead bought 2,000 shares of Hawthorn Bancshares stock in a transaction on Tuesday, August 27th. The shares were bought at an average price of $21.71 per share, with a total value of $43,420.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 10.60% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. PL Capital Advisors LLC increased its position in Hawthorn Bancshares by 4.0% in the 2nd quarter. PL Capital Advisors LLC now owns 247,294 shares of the financial services provider’s stock valued at $6,627,000 after acquiring an additional 9,510 shares during the period. Atria Investments LLC acquired a new position in shares of Hawthorn Bancshares during the 2nd quarter valued at $265,000. Wells Fargo & Company MN increased its position in shares of Hawthorn Bancshares by 19.8% during the 2nd quarter. Wells Fargo & Company MN now owns 7,011 shares of the financial services provider’s stock valued at $187,000 after purchasing an additional 1,160 shares during the period. BlackRock Inc. increased its position in shares of Hawthorn Bancshares by 3,512.8% during the 2nd quarter. BlackRock Inc. now owns 258,530 shares of the financial services provider’s stock valued at $6,928,000 after purchasing an additional 251,374 shares during the period. Finally, Vanguard Group Inc. increased its position in shares of Hawthorn Bancshares by 15.0% during the 2nd quarter. Vanguard Group Inc. now owns 213,854 shares of the financial services provider’s stock valued at $5,732,000 after purchasing an additional 27,828 shares during the period. Hedge funds and other institutional investors own 33.32% of the company’s stock.

HWBK traded up $0.43 during trading hours on Friday, hitting $24.03. The company’s stock had a trading volume of 21,841 shares, compared to its average volume of 10,749. Hawthorn Bancshares has a fifty-two week low of $20.05 and a fifty-two week high of $28.62. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $148.12 million, a PE ratio of 12.08 and a beta of 0.21. The company has a 50-day simple moving average of $22.82 and a 200 day simple moving average of $24.45.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its earnings results on Tuesday, July 30th. The financial services provider reported $0.56 EPS for the quarter. Hawthorn Bancshares had a return on equity of 12.01% and a net margin of 19.58%. The firm had revenue of $14.28 million for the quarter.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Sunday, September 15th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Thursday, September 12th.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in Missouri. The company offers checking and savings accounts, and certificates of deposit; and a range of lending services, including commercial and industrial, single payment personal, installment, and commercial and residential real estate loans.

Further Reading: Outstanding Shares and The Effect on Share Price

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