Wintrust Financial Co. (NASDAQ:WTFCM) Short Interest Up 42.5% in March

Wintrust Financial Co. (NASDAQ:WTFCM) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,700 shares, a growth of 42.5% from the February 28th total of 4,000 shares. Based on an average daily volume of 7,900 shares, the days-to-cover ratio is currently 0.7 days.

Wintrust Financial Stock Performance

Shares of WTFCM opened at $25.28 on Tuesday. Wintrust Financial has a 1 year low of $23.12 and a 1 year high of $25.50. The stock’s fifty day moving average price is $25.17 and its two-hundred day moving average price is $25.13.

Wintrust Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 6.49%. The ex-dividend date is Tuesday, April 1st.

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.