Wintrust Financial Co. (NASDAQ:WTFCP – Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 40,900 shares, a decrease of 21.9% from the November 30th total of 52,400 shares. Based on an average trading volume of 24,100 shares, the days-to-cover ratio is presently 1.7 days.
Wintrust Financial Stock Performance
Wintrust Financial stock opened at $25.31 on Monday. Wintrust Financial has a twelve month low of $24.23 and a twelve month high of $25.49. The company’s 50-day moving average price is $25.25 and its 200-day moving average price is $25.07.
Wintrust Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be paid a $0.4297 dividend. This represents a $1.72 annualized dividend and a dividend yield of 6.79%. The ex-dividend date 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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