Short Interest in Wintrust Financial Co. (NASDAQ:WTFCM) Drops By 45.5%

Wintrust Financial Co. (NASDAQ:WTFCM) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 3,600 shares, a drop of 45.5% from the December 31st total of 6,600 shares. Based on an average daily volume of 7,900 shares, the days-to-cover ratio is presently 0.5 days.

Wintrust Financial Stock Performance

Wintrust Financial stock opened at $25.09 on Friday. Wintrust Financial has a 52-week low of $23.08 and a 52-week high of $25.50. The firm has a 50 day moving average price of $25.11 and a two-hundred day moving average price of $24.94.

Wintrust Financial Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.64 annualized dividend and a dividend yield of 6.54%.

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.