Short Interest in Wintrust Financial Co. (NASDAQ:WTFCM) Rises By 42.5%

Wintrust Financial Co. (NASDAQ:WTFCM) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 5,700 shares, an increase of 42.5% from the February 28th total of 4,000 shares. Based on an average daily trading volume, of 7,900 shares, the days-to-cover ratio is presently 0.7 days.

Wintrust Financial Stock Performance

Shares of WTFCM stock opened at $25.29 on Monday. The firm has a fifty day moving average of $25.17 and a 200-day moving average of $25.12. Wintrust Financial has a 52-week low of $23.12 and a 52-week high of $25.50.

Wintrust Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.41 per share. The ex-dividend date is Tuesday, April 1st. This represents a $1.64 annualized dividend and a yield of 6.48%.

Wintrust Financial Company Profile

Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services.