Short Interest in Enterprise Financial Services Corp (NASDAQ:EFSCP) Drops By 10.2%

Enterprise Financial Services Corp (NASDAQ:EFSCP) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totalling 22,000 shares, a drop of 10.2% from the July 15th total of 24,500 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 9.2 days.

Enterprise Financial Services Price Performance

NASDAQ:EFSCP traded up $1.00 during trading hours on Monday, hitting $20.25. 24,741 shares of the stock traded hands, compared to its average volume of 7,405. The firm has a 50 day moving average price of $19.25 and a 200 day moving average price of $18.82. Enterprise Financial Services has a fifty-two week low of $13.68 and a fifty-two week high of $20.80.

Enterprise Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, September 15th. Investors of record on Friday, August 30th will be issued a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 6.17%. The ex-dividend date of this dividend is Friday, August 30th.

Enterprise Financial Services Company Profile

Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers primarily in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico. It provides checking, savings, money market accounts, and certificates of deposit.