Short Interest in Wintrust Financial Co. (NASDAQ:WTFCM) Drops By 63.8%

Wintrust Financial Co. (NASDAQ:WTFCM) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 3,800 shares, a decrease of 63.8% from the August 31st total of 10,500 shares. Based on an average daily trading volume, of 15,000 shares, the days-to-cover ratio is presently 0.3 days.

Wintrust Financial Price Performance

WTFCM opened at $25.28 on Friday. Wintrust Financial has a 1 year low of $20.46 and a 1 year high of $25.30. The business’s 50-day moving average price is $24.72 and its two-hundred day moving average price is $24.32.

Wintrust Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 6.49%. The ex-dividend date of this dividend is Tuesday, October 1st.

About Wintrust Financial

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.