Short Interest in Enterprise Financial Services Corp (NASDAQ:EFSCP) Rises By 16.0%

Enterprise Financial Services Corp (NASDAQ:EFSCP) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 11,600 shares, an increase of 16.0% from the September 30th total of 10,000 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 3.4 days.

Enterprise Financial Services Price Performance

Shares of EFSCP stock opened at $20.64 on Thursday. The company’s fifty day simple moving average is $20.71 and its 200-day simple moving average is $19.79. Enterprise Financial Services has a 12 month low of $13.68 and a 12 month high of $22.22.

Enterprise Financial Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, December 15th. Stockholders of record on Friday, November 29th will be given a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date is Friday, November 29th.

Enterprise Financial Services Company Profile

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.