Heartland BancCorp (OTCMKTS:HLAN) Short Interest Update

Heartland BancCorp (OTCMKTS:HLAN) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 500 shares, an increase of 150.0% from the March 31st total of 200 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, Piper Sandler reiterated an “overweight” rating and issued a $101.00 target price on shares of Heartland BancCorp in a report on Tuesday, March 5th.

Heartland BancCorp Price Performance

Shares of HLAN stock traded down $0.08 on Friday, hitting $89.90. The stock had a trading volume of 425 shares, compared to its average volume of 1,218. Heartland BancCorp has a 12-month low of $81.10 and a 12-month high of $90.00. The business has a 50 day moving average of $86.43 and a 200 day moving average of $86.27. The stock has a market cap of $181.60 million, a price-to-earnings ratio of 9.05 and a beta of 0.43.

Heartland BancCorp (OTCMKTS:HLAN) last posted its quarterly earnings data on Tuesday, January 23rd. The bank reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.39 by $0.22. The company had revenue of $28.41 million for the quarter. As a group, research analysts expect that Heartland BancCorp will post 9.42 earnings per share for the current fiscal year.

About Heartland BancCorp

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.