Enterprise Financial Services Corp (NASDAQ:EFSCP) Sees Large Drop in Short Interest

Enterprise Financial Services Corp (NASDAQ:EFSCP) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 1,700 shares, a decline of 67.9% from the February 13th total of 5,300 shares. Based on an average daily volume of 3,200 shares, the short-interest ratio is presently 0.5 days.

Enterprise Financial Services Trading Down 0.4 %

EFSCP traded down $0.08 during trading on Friday, hitting $18.81. The company’s stock had a trading volume of 302 shares, compared to its average volume of 5,460. The firm’s 50 day moving average price is $19.48 and its 200-day moving average price is $20.19. Enterprise Financial Services has a twelve month low of $17.25 and a twelve month high of $22.22.

Enterprise Financial Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders of record on Friday, February 28th will be issued a $0.3125 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.25 annualized dividend and a yield of 6.64%.

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.