Wintrust Financial Co. (NASDAQ:WTFCM) Sees Large Increase in Short Interest

Wintrust Financial Co. (NASDAQ:WTFCM) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,500 shares, a growth of 150.0% from the May 31st total of 600 shares. Based on an average daily trading volume, of 12,500 shares, the short-interest ratio is currently 0.1 days.

Wintrust Financial Price Performance

NASDAQ:WTFCM opened at $24.89 on Friday. Wintrust Financial has a 1-year low of $20.46 and a 1-year high of $24.95. The business’s fifty day moving average price is $24.40 and its 200 day moving average price is $23.79.

Wintrust Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, July 1st will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 6.59%. The ex-dividend date of this dividend is Monday, July 1st.

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.