Wintrust Financial Co. (NASDAQ:WTFCP) Sees Significant Decline in Short Interest

Wintrust Financial Co. (NASDAQ:WTFCP) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 32,800 shares, a decrease of 44.0% from the December 31st total of 58,600 shares. Based on an average trading volume of 23,600 shares, the days-to-cover ratio is presently 1.4 days.

Wintrust Financial Price Performance

NASDAQ WTFCP opened at $25.16 on Friday. The firm’s fifty day moving average price is $25.20 and its two-hundred day moving average price is $25.12. Wintrust Financial has a 1 year low of $24.53 and a 1 year high of $25.49.

Wintrust Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a dividend of $0.4297 per share. This represents a $1.72 annualized dividend and a yield of 6.83%. The ex-dividend date of this dividend is Tuesday, April 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.