Short Interest in Wintrust Financial Co. (NASDAQ:WTFCM) Drops By 59.6%

Wintrust Financial Co. (NASDAQ:WTFCM) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 2,300 shares, a drop of 59.6% from the March 15th total of 5,700 shares. Based on an average daily volume of 7,000 shares, the short-interest ratio is currently 0.3 days.

Wintrust Financial Stock Performance

NASDAQ:WTFCM opened at $24.72 on Tuesday. Wintrust Financial has a 52 week low of $23.16 and a 52 week high of $25.50. The stock’s fifty day moving average is $25.10 and its two-hundred day moving average is $25.09.

Wintrust Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 6.63%. The ex-dividend date of this dividend is Tuesday, July 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.