Wintrust Financial Co. (NASDAQ:WTFCM) Sees Significant Drop in Short Interest

Wintrust Financial Co. (NASDAQ:WTFCM) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 2,500 shares, a decrease of 45.7% from the October 31st total of 4,600 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is currently 0.3 days.

Wintrust Financial Stock Up 0.4 %

Shares of WTFCM stock opened at $25.20 on Friday. The business’s fifty day moving average is $25.09 and its 200 day moving average is $24.75. Wintrust Financial has a twelve month low of $21.66 and a twelve month high of $25.50.

Wintrust Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be given a $0.41 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 6.51%.

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.