Wintrust Financial Co. (NASDAQ:WTFCP) Short Interest Update

Wintrust Financial Co. (NASDAQ:WTFCP) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 40,400 shares, a decline of 13.9% from the August 31st total of 46,900 shares. Based on an average daily volume of 72,800 shares, the days-to-cover ratio is currently 0.6 days.

Wintrust Financial Price Performance

Shares of WTFCP opened at $25.41 on Friday. Wintrust Financial has a 1 year low of $22.80 and a 1 year high of $25.48. The firm has a fifty day moving average of $25.05 and a 200-day moving average of $24.95.

Wintrust Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be issued a dividend of $0.4297 per share. This represents a $1.72 annualized dividend and a dividend yield of 6.76%. The ex-dividend date is Tuesday, October 1st.

Hedge Funds Weigh In On Wintrust Financial

A hedge fund recently bought a new stake in Wintrust Financial stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Wintrust Financial Co. (NASDAQ:WTFCP) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,200 shares of the company’s stock, valued at approximately $55,000.

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.