Wintrust Financial Co. (NASDAQ:WTFCM) Short Interest Down 28.0% in November

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

Wintrust Financial Stock Performance

Shares of WTFCM opened at $25.19 on Friday. The firm’s fifty day simple moving average is $25.09 and its 200-day simple moving average is $24.81. Wintrust Financial has a twelve month low of $22.30 and a twelve month high of $25.50.

Wintrust Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be issued a $0.41 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 6.51%.

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.