Wintrust Financial Co. (NASDAQ:WTFCM) Sees Significant Decrease in Short Interest

Wintrust Financial Co. (NASDAQ:WTFCM) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 1,100 shares, a decrease of 15.4% from the April 30th total of 1,300 shares. Based on an average daily volume of 16,500 shares, the short-interest ratio is currently 0.1 days.

Wintrust Financial Price Performance

WTFCM stock opened at $25.19 on Wednesday. The business has a 50 day simple moving average of $24.97 and a 200-day simple moving average of $25.08. Wintrust Financial has a twelve month low of $23.91 and a twelve month high of $25.50.

Wintrust Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $1.64 annualized dividend and a yield of 6.51%.

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.