Wintrust Financial Co. (NASDAQ:WTFCM) Sees Large Increase in Short Interest

Wintrust Financial Co. (NASDAQ:WTFCM) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 5,800 shares, an increase of 41.5% from the January 31st total of 4,100 shares. Based on an average daily trading volume, of 7,500 shares, the short-interest ratio is currently 0.8 days.

Wintrust Financial Price Performance

NASDAQ:WTFCM opened at $25.19 on Tuesday. The company’s 50-day moving average price is $25.08 and its 200-day moving average price is $25.06. Wintrust Financial has a twelve month low of $23.08 and a twelve month high of $25.50.

Wintrust Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 6.51%. The ex-dividend date of this dividend is Tuesday, April 1st.

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.