Enterprise Financial Services Corp (NASDAQ:EFSCP) Sees Significant Decrease in Short Interest

Enterprise Financial Services Corp (NASDAQ:EFSCP) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 3,400 shares, a decline of 48.5% from the December 15th total of 6,600 shares. Based on an average daily volume of 3,200 shares, the short-interest ratio is currently 1.1 days.

Enterprise Financial Services Stock Performance

EFSCP stock traded up $0.07 during trading on Tuesday, hitting $18.90. The company had a trading volume of 2,973 shares, compared to its average volume of 4,259. Enterprise Financial Services has a 1-year low of $16.23 and a 1-year high of $22.22. The firm has a 50-day moving average price of $20.14 and a 200-day moving average price of $20.09.

Enterprise Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Investors of record on Friday, November 29th were given a $0.3125 dividend. This represents a $1.25 annualized dividend and a yield of 6.61%. The ex-dividend date was Friday, November 29th.

About Enterprise Financial Services

Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers primarily in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico. It provides checking, savings, money market accounts, and certificates of deposit.