Banking

Heartland Financial USA, Inc. (NASDAQ:HTLF - Get Rating) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 412,600 shares, a growth of 40.1% from the November 30th total of 294,400 shares. Based on an average daily trading volume, of 130,800 shares, the days-to-cover ratio is currently 3.2 days. Currently, 1.1% of the company's shares are sold short. Heartland Financial USA Price PerformanceShares of Heartland Financial USA stock opened at $46.62 on Friday. Heartland Financial USA...

Households are facing a “groundhog year” in 2023, as soaring gas bills and planned tax rises squeeze disposable incomes and send living standards tumbling for the second year running.Higher mortgage costs as fixed-rate loans come to an end and new deals are negotiated will add to the financial burden already felt by millions of households reeling from the worst fall in living standards in a century.The Resolution Foundation is forecasting a slump in disposable incomes of 3.8% in 2023 – or £880 per household – after a 3.3% fall in...