Wintrust Financial Co. (NASDAQ:WTFCM) Sees Large Increase in Short Interest

Wintrust Financial Co. (NASDAQ:WTFCM) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 5,800 shares, a growth of 41.5% from the January 31st total of 4,100 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is currently 0.8 days.

Wintrust Financial Trading Down 0.1 %

Shares of NASDAQ WTFCM opened at $25.19 on Tuesday. The firm’s fifty day moving average is $25.08 and its two-hundred day moving average is $25.06. Wintrust Financial has a 52-week low of $23.08 and a 52-week high of $25.50.

Wintrust Financial Dividend Announcement

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

About Wintrust Financial

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.