Short Interest in Wintrust Financial Co. (NASDAQ:WTFCM) Rises By 266.7%

Wintrust Financial Co. (NASDAQ:WTFCMGet Free Report) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 6,600 shares, a growth of 266.7% from the December 15th total of 1,800 shares. Based on an average daily volume of 8,400 shares, the days-to-cover ratio is currently 0.8 days.

Wintrust Financial Stock Performance

NASDAQ WTFCM traded up $0.03 during trading hours on Monday, hitting $24.98. 9,429 shares of the company traded hands, compared to its average volume of 9,690. Wintrust Financial has a twelve month low of $23.08 and a twelve month high of $25.50. The business’s 50-day moving average is $25.12 and its 200-day moving average is $24.89.

Wintrust Financial Dividend Announcement

The company 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 dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 6.57%. The ex-dividend date is Tuesday, December 31st.

Wintrust Financial Company Profile

(Get Free Report)

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.

Further Reading

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