Short Interest in Wintrust Financial Co. (NASDAQ:WTFCP) Declines By 13.8%

Wintrust Financial Co. (NASDAQ:WTFCP) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 2,500 shares, a decrease of 13.8% from the May 31st total of 2,900 shares. Based on an average trading volume of 21,700 shares, the short-interest ratio is presently 0.1 days.

Wintrust Financial Stock Performance

Shares of Wintrust Financial stock opened at $24.71 on Tuesday. Wintrust Financial has a twelve month low of $22.77 and a twelve month high of $25.27. The company’s 50 day moving average is $24.95 and its 200 day moving average is $24.86.

Wintrust Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 1st will be issued a $0.4297 dividend. This represents a $1.72 annualized dividend and a yield of 6.96%. The ex-dividend date of this dividend is Monday, July 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.