Wintrust Financial Co. (NASDAQ:WTFCP) Sees Significant Growth in Short Interest

Wintrust Financial Co. (NASDAQ:WTFCP) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 52,400 shares, an increase of 110.4% from the November 15th total of 24,900 shares. Based on an average trading volume of 27,000 shares, the days-to-cover ratio is presently 1.9 days.

Wintrust Financial Stock Performance

WTFCP opened at $25.30 on Thursday. Wintrust Financial has a 12 month low of $24.23 and a 12 month high of $25.49. The stock’s 50 day moving average price is $25.20 and its 200 day moving average price is $25.03.

Wintrust Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be given a dividend of $0.4297 per share. This represents a $1.72 annualized dividend and a dividend yield of 6.79%. The ex-dividend date of this dividend is Tuesday, December 31st.

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.