Wintrust Financial Co. (NASDAQ:WTFCM – Get Free Report) was the target of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 2,500 shares, a decrease of 45.7% from the October 31st total of 4,600 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is currently 0.3 days.
Wintrust Financial Stock Performance
WTFCM opened at $25.20 on Thursday. Wintrust Financial has a 1-year low of $21.66 and a 1-year high of $25.50. The stock’s fifty day simple moving average is $25.09 and its 200 day simple moving average is $24.75.
Wintrust Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 6.51%. The ex-dividend date of this dividend is Tuesday, December 31st.
Wintrust Financial Company Profile
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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