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

Wintrust Financial Co. (NASDAQ:WTFCM) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 6,600 shares, an increase of 266.7% from the December 31st total of 1,800 shares. Based on an average daily volume of 8,400 shares, the short-interest ratio is presently 0.8 days.

Wintrust Financial Trading Up 0.0 %

NASDAQ WTFCM traded up $0.01 during trading on Tuesday, reaching $25.09. 355 shares of the company’s stock traded hands, compared to its average volume of 6,981. The company’s 50 day simple moving average is $25.11 and its two-hundred day simple moving average is $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 business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date is Tuesday, April 1st.

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.