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

Wintrust Financial Co. (NASDAQ:WTFCP) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 23,500 shares, a decline of 27.2% from the January 31st total of 32,300 shares. Based on an average daily trading volume, of 26,700 shares, the days-to-cover ratio is presently 0.9 days.

Wintrust Financial Stock Up 0.0 %

Shares of Wintrust Financial stock opened at $25.26 on Tuesday. The stock has a 50 day moving average price of $25.16 and a two-hundred day moving average price of $25.18. Wintrust Financial has a 12-month low of $24.53 and a 12-month high of $25.49.

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 $0.4297 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.72 annualized dividend and a dividend yield of 6.80%.

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.