--- title: "Heritage Commerce Corp (NASDAQ:HTBK) Short Interest Up 19.2% in March" type: "News" locale: "en" url: "https://longbridge.com/en/news/281267512.md" description: "Heritage Commerce Corp (NASDAQ:HTBK) experienced a 19.2% increase in short interest in March, totaling 1,971,456 shares as of March 13th. The short-interest ratio is 3.3 days, with approximately 3.3% of shares sold short. Analysts have mixed ratings on HTBK, with a consensus rating of \"Moderate Buy\" and a price target of $12.25. The stock traded at $12.48, with a market cap of $768.64 million and a P/E ratio of 16.00. Heritage Commerce reported $0.28 EPS for the last quarter, exceeding expectations." datetime: "2026-03-31T23:56:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281267512.md) - [en](https://longbridge.com/en/news/281267512.md) - [zh-HK](https://longbridge.com/zh-HK/news/281267512.md) generator: "portal-rs" --- # Heritage Commerce Corp (NASDAQ:HTBK) Short Interest Up 19.2% in March Heritage Commerce Corp (NASDAQ:HTBK - Get Free Report) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,971,456 shares, an increase of 19.2% from the February 26th total of 1,653,535 shares. Based on an average trading volume of 590,080 shares, the days-to-cover ratio is currently 3.3 days. Approximately 3.3% of the company's stock are sold short. Get **Heritage Commerce** alerts: ## Analyst Ratings Changes - Top 5 Highest-Rated Dividend Stocks, According to MarketBeat Several equities research analysts have recently weighed in on HTBK shares. DA Davidson reissued a "neutral" rating and set a $14.50 target price on shares of Heritage Commerce in a research report on Wednesday, February 4th. Zacks Research upgraded shares of Heritage Commerce from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 11th. Weiss Ratings raised shares of Heritage Commerce from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 9th. Janney Montgomery Scott downgraded shares of Heritage Commerce from a "buy" rating to a "neutral" rating and boosted their price objective for the stock from $12.00 to $14.00 in a research report on Monday, December 22nd. Finally, Raymond James Financial cut shares of Heritage Commerce from an "outperform" rating to a "market perform" rating in a report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Heritage Commerce presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.25. **Read Our Latest Research Report on HTBK** ## Hedge Funds Weigh In On Heritage Commerce Institutional investors have recently modified their holdings of the business. Clearstead Advisors LLC boosted its stake in Heritage Commerce by 129.5% during the 4th quarter. Clearstead Advisors LLC now owns 3,599 shares of the financial services provider's stock worth $43,000 after purchasing an additional 2,031 shares during the period. Parkside Financial Bank & Trust increased its stake in Heritage Commerce by 56.5% in the third quarter. Parkside Financial Bank & Trust now owns 5,026 shares of the financial services provider's stock valued at $50,000 after purchasing an additional 1,815 shares during the period. EverSource Wealth Advisors LLC increased its stake in Heritage Commerce by 16,272.7% in the second quarter. EverSource Wealth Advisors LLC now owns 5,403 shares of the financial services provider's stock valued at $54,000 after purchasing an additional 5,370 shares during the period. Larson Financial Group LLC raised its holdings in shares of Heritage Commerce by 495.3% in the third quarter. Larson Financial Group LLC now owns 5,620 shares of the financial services provider's stock valued at $56,000 after buying an additional 4,676 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in shares of Heritage Commerce by 368.9% in the third quarter. Russell Investments Group Ltd. now owns 6,433 shares of the financial services provider's stock valued at $64,000 after buying an additional 5,061 shares during the last quarter. 75.55% of the stock is owned by institutional investors and hedge funds. ## Heritage Commerce Stock Performance Shares of HTBK traded up $0.22 during midday trading on Tuesday, reaching $12.48. 754,504 shares of the stock were exchanged, compared to its average volume of 725,533. Heritage Commerce has a twelve month low of $8.09 and a twelve month high of $13.82. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market capitalization of $768.64 million, a price-to-earnings ratio of 16.00 and a beta of 0.79. The business's 50-day moving average price is $12.77 and its 200 day moving average price is $11.61. Heritage Commerce (NASDAQ:HTBK - Get Free Report) last announced its earnings results on Thursday, January 22nd. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.05. The firm had revenue of $104.04 million during the quarter, compared to analysts' expectations of $50.78 million. Heritage Commerce had a return on equity of 8.07% and a net margin of 17.77%. On average, sell-side analysts expect that Heritage Commerce will post 0.8 EPS for the current fiscal year. ## Heritage Commerce Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 25th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, March 25th. Heritage Commerce's dividend payout ratio is presently 66.67%. ## About Heritage Commerce (Get Free Report) Heritage Commerce Corporation, headquartered in Farmington Hills, Michigan, is the bank holding company for Heritage Bank, N.A., a community-oriented financial institution. Traded on NASDAQ under the symbol HTBK, the company focuses on delivering tailored banking services to businesses, professionals and individuals throughout Southeastern Michigan. Heritage Bank, N.A. offers a comprehensive portfolio of deposit and lending products designed to meet the needs of commercial and consumer clients. ## Featured Articles - Five stocks we like better than Heritage Commerce *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Heritage Commerce Right Now? Before you consider Heritage Commerce, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Heritage Commerce wasn't on the list. While Heritage Commerce currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [HTBK.US](https://longbridge.com/en/quote/HTBK.US.md) ## Related News & Research - [T-Mobile vs. Verizon: Wall Street Sees Only One Stock as Strong Buy After Today's Plunge](https://longbridge.com/en/news/301421329.md) - [Not Micron. Not Sandisk. 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