Short Interest in Wintrust Financial Co. (NASDAQ:WTFCM) Drops By 31.0%

Wintrust Financial Co. (NASDAQ:WTFCM) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 4,000 shares, a decline of 31.0% from the February 13th total of 5,800 shares. Based on an average daily trading volume, of 7,800 shares, the short-interest ratio is currently 0.5 days.

Wintrust Financial Stock Performance

Shares of Wintrust Financial stock opened at $25.22 on Monday. Wintrust Financial has a twelve month low of $23.12 and a twelve month high of $25.50. The business has a 50-day moving average price of $25.11 and a 200 day moving average price of $25.10.

Wintrust Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 6.50%. The ex-dividend date is Tuesday, April 1st.

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.