Enterprise Financial Services Corp (NASDAQ:EFSCP) Sees Significant Increase in Short Interest

Enterprise Financial Services Corp (NASDAQ:EFSCP – Get Rating) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 4,000 shares, a growth of 135.3% from the April 15th total of 1,700 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is currently 0.7 days.

Shares of Enterprise Financial Services stock opened at $20.95 on Friday. Enterprise Financial Services has a 12-month low of $20.22 and a 12-month high of $26.00.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 15th. Investors of record on Tuesday, May 31st will be given a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date of this dividend is Friday, May 27th.

Enterprise Financial Services Company Profile (Get Rating)

Enterprise Financial Services Corp operates as the financial holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers. The company offers checking, savings, and money market accounts, and certificates of deposit. It also provides commercial and industrial, commercial real estate, construction and land development, residential real estate, agricultural, and consumer loans.

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