Wintrust Financial Co. (NASDAQ:WTFCP) Short Interest Down 27.2% in November

Wintrust Financial Co. (NASDAQ:WTFCP) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 24,900 shares, a drop of 27.2% from the October 31st total of 34,200 shares. Based on an average daily volume of 31,000 shares, the short-interest ratio is presently 0.8 days.

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. acquired a new position in Wintrust Financial Co. (NASDAQ:WTFCP) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,200 shares of the company’s stock, valued at approximately $55,000.

Wintrust Financial Stock Performance

Shares of Wintrust Financial stock opened at $25.24 on Friday. The company’s 50 day moving average price is $25.20 and its two-hundred day moving average price is $25.02. Wintrust Financial has a fifty-two week low of $24.21 and a fifty-two week high of $25.49.

Wintrust Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be given a dividend of $0.4297 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.72 dividend on an annualized basis and a yield of 6.81%.

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.