Short Interest in Enterprise Financial Services Corp (NASDAQ:EFSCP) Increases By 135.3%

Enterprise Financial Services Corp (NASDAQ:EFSCPGet Rating) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totalling 4,000 shares, a growth of 135.3% from the April 15th total of 1,700 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is presently 0.7 days.

EFSCP traded down $0.57 during midday trading on Friday, hitting $20.38. 1,418 shares of the company’s stock traded hands, compared to its average volume of 4,954. Enterprise Financial Services has a one year low of $20.22 and a one year high of $26.00.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st will be given a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 6.13%. The ex-dividend date of this dividend is Friday, May 27th.

Enterprise Financial Services Company Profile (Get Rating)

Enterprise Financial Services Corp operates as the financial holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers. The company offers checking, savings, and money market accounts, and certificates of deposit. It also provides commercial and industrial, commercial real estate, construction and land development, residential real estate, agricultural, and consumer loans.

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