Wintrust Financial Co. (NASDAQ:WTFCP) Short Interest Up 43.3% in December

Wintrust Financial Co. (NASDAQ:WTFCP) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 58,600 shares, an increase of 43.3% from the December 15th total of 40,900 shares. Based on an average daily trading volume, of 24,900 shares, the short-interest ratio is presently 2.4 days.

Wintrust Financial Stock Performance

Shares of WTFCP opened at $25.10 on Friday. Wintrust Financial has a 52 week low of $24.52 and a 52 week high of $25.49. The business has a 50-day simple moving average of $25.22 and a two-hundred day simple moving average of $25.09.

Wintrust Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were given a dividend of $0.4297 per share. This represents a $1.72 annualized dividend and a dividend yield of 6.85%. The ex-dividend date was Tuesday, December 31st.

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.