Short Interest in Wintrust Financial Co. (NASDAQ:WTFCP) Declines By 48.0%

Wintrust Financial Co. (NASDAQ:WTFCP) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 13,000 shares, a decline of 48.0% from the February 28th total of 25,000 shares. Based on an average daily trading volume, of 49,800 shares, the short-interest ratio is presently 0.3 days.

Wintrust Financial Stock Performance

Shares of WTFCP stock opened at $25.39 on Friday. The business has a fifty day moving average of $25.22 and a 200 day moving average of $25.21. Wintrust Financial has a 1 year low of $24.53 and a 1 year high of $25.49.

Wintrust Financial Dividend Announcement

The company 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 $0.4297 dividend. This represents a $1.72 annualized dividend and a dividend yield of 6.77%. The ex-dividend date 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.