Enterprise Financial Services Corp (NASDAQ:EFSCP) Short Interest Update

Enterprise Financial Services Corp (NASDAQ:EFSCP) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 4,000 shares, a drop of 38.5% from the August 31st total of 6,500 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 2.0 days. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 2.0 days.

Enterprise Financial Services Stock Down 0.0%

EFSCP stock traded down $0.01 during trading on Monday, reaching $20.38. The company had a trading volume of 99 shares, compared to its average volume of 2,429. The firm has a 50-day simple moving average of $20.50 and a 200-day simple moving average of $19.58. Enterprise Financial Services has a twelve month low of $17.20 and a twelve month high of $22.22.

Enterprise Financial Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a $0.3125 dividend. The ex-dividend date was Friday, August 29th. This represents a $1.25 dividend on an annualized basis and a yield of 6.1%.

Institutional Trading of Enterprise Financial Services

A hedge fund recently raised its stake in Enterprise Financial Services stock. Jag Capital Management LLC raised its holdings in shares of Enterprise Financial Services Corp (NASDAQ:EFSCP) by 10.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,250 shares of the company’s stock after acquiring an additional 1,400 shares during the period. Jag Capital Management LLC’s holdings in Enterprise Financial Services were worth $281,000 at the end of the most recent quarter.

About Enterprise Financial Services

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.