Short Interest in Wintrust Financial Co. (NASDAQ:WTFCM) Drops By 28.0%

Wintrust Financial Co. (NASDAQ:WTFCM) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 1,800 shares, a drop of 28.0% from the November 15th total of 2,500 shares. Based on an average trading volume of 7,000 shares, the days-to-cover ratio is currently 0.3 days.

Wintrust Financial Price Performance

NASDAQ WTFCM opened at $25.22 on Friday. The firm has a 50 day simple moving average of $25.10 and a 200-day simple moving average of $24.81. Wintrust Financial has a one year low of $22.47 and a one year high of $25.50.

Wintrust Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be given a $0.41 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.64 annualized dividend and a yield of 6.50%.

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.