Wintrust Financial Co. (NASDAQ:WTFCM – Get Free Report) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 3,600 shares, a drop of 45.5% from the December 31st total of 6,600 shares. Based on an average daily trading volume, of 7,900 shares, the short-interest ratio is presently 0.5 days.
Wintrust Financial Stock Down 0.2 %
Shares of Wintrust Financial stock opened at $25.06 on Friday. The company has a 50-day moving average of $25.10 and a two-hundred day moving average of $24.94. Wintrust Financial has a 12-month low of $23.08 and a 12-month high of $25.50.
Wintrust Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.41 per share. The ex-dividend date is Tuesday, April 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 6.54%.
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.
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