Wintrust Financial Co. (NASDAQ:WTFCP) Short Interest Down 44.0% in January

Wintrust Financial Co. (NASDAQ:WTFCP) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 32,800 shares, a decrease of 44.0% from the December 31st total of 58,600 shares. Based on an average daily trading volume, of 23,600 shares, the days-to-cover ratio is currently 1.4 days.

Wintrust Financial Stock Performance

WTFCP opened at $25.12 on Friday. The stock’s fifty day moving average is $25.20 and its two-hundred day moving average is $25.12. Wintrust Financial has a 52 week low of $24.53 and a 52 week high of $25.49.

Wintrust Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a $0.4297 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.84%.

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.