Wintrust Financial Co. (NASDAQ:WTFCP) Short Interest Update

Wintrust Financial Co. (NASDAQ:WTFCP) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 36,200 shares, a growth of 178.5% from the March 15th total of 13,000 shares. Based on an average trading volume of 61,400 shares, the short-interest ratio is presently 0.6 days.

Wintrust Financial Trading Up 0.0 %

NASDAQ:WTFCP opened at $24.99 on Wednesday. The firm has a 50-day moving average price of $25.18 and a two-hundred day moving average price of $25.18. Wintrust Financial has a 52 week low of $24.53 and a 52 week high of $25.49.

Wintrust Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be issued a dividend of $0.4297 per share. The ex-dividend date is Tuesday, July 1st. This represents a $1.72 dividend on an annualized basis and a yield of 6.88%.

Hedge Funds Weigh In On Wintrust Financial

An institutional investor recently bought a new position in Wintrust Financial stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Wintrust Financial Co. (NASDAQ:WTFCP) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,200 shares of the company’s stock, valued at approximately $56,000.

About Wintrust Financial

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.