Wintrust Financial Co. (NASDAQ:WTFCP – Get Free Report) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 40,900 shares, a drop of 21.9% from the November 30th total of 52,400 shares. Based on an average daily trading volume, of 24,100 shares, the short-interest ratio is currently 1.7 days.
Wintrust Financial Stock Up 0.0 %
Wintrust Financial stock opened at $25.31 on Friday. Wintrust Financial has a one year low of $24.23 and a one year high of $25.49. The business has a fifty day moving average price of $25.25 and a 200-day moving average price of $25.06.
Wintrust Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be issued a dividend of $0.4297 per share. This represents a $1.72 dividend on an annualized basis and a yield of 6.79%. The ex-dividend date of this dividend is Tuesday, December 31st.
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.
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