Hills Bancorporation (OTCMKTS:HBIA) Sees Large Drop in Short Interest

Hills Bancorporation (OTCMKTS:HBIA) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 357 shares, a drop of 35.7% from the November 30th total of 555 shares. Based on an average daily trading volume, of 133 shares, the days-to-cover ratio is currently 2.7 days. Based on an average daily trading volume, of 133 shares, the days-to-cover ratio is currently 2.7 days.

Hills Bancorporation Price Performance

HBIA stock opened at $82.00 on Friday. The stock has a 50-day moving average price of $79.68 and a two-hundred day moving average price of $77.42. Hills Bancorporation has a 12-month low of $70.25 and a 12-month high of $82.00.

About Hills Bancorporation

Hills Bancorporation, Inc is a bank holding company trading on the OTC Markets under the ticker HBIA. The company operates through its wholly owned subsidiary, Hills Bank & Trust Company, which provides a broad suite of financial services to consumers and businesses in eastern Iowa.

Through Hills Bank & Trust, the company offers deposit products such as checking and savings accounts, certificates of deposit and money market accounts, as well as lending solutions that include residential and commercial mortgages, construction loans and lines of credit.