Enterprise Financial Services Corp (NASDAQ:EFSCP) Sees Large Drop in Short Interest

Enterprise Financial Services Corp (NASDAQ:EFSCP) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,700 shares, a decline of 67.9% from the February 13th total of 5,300 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is presently 0.5 days.

Enterprise Financial Services Stock Down 0.4 %

Shares of NASDAQ EFSCP traded down $0.08 during trading on Friday, hitting $18.81. 302 shares of the company traded hands, compared to its average volume of 5,460. The company has a 50-day moving average price of $19.48 and a 200-day moving average price of $20.19. Enterprise Financial Services has a 1 year low of $17.25 and a 1 year high of $22.22.

Enterprise Financial Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Investors of record on Friday, February 28th will be given a dividend of $0.3125 per share. The ex-dividend date is Friday, February 28th. This represents a $1.25 dividend on an annualized basis and a yield of 6.64%.

About Enterprise Financial Services

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.