Wintrust Financial Co. (NASDAQ:WTFCP) Short Interest Update

Wintrust Financial Co. (NASDAQ:WTFCP) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 24,900 shares, a drop of 27.2% from the October 31st total of 34,200 shares. Based on an average daily volume of 31,000 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Wintrust Financial

A hedge fund recently bought a new stake in Wintrust Financial stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Wintrust Financial Co. (NASDAQ:WTFCP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,200 shares of the company’s stock, valued at approximately $55,000.

Wintrust Financial Trading Up 0.2 %

Shares of WTFCP opened at $25.30 on Friday. The firm has a fifty day simple moving average of $25.20 and a two-hundred day simple moving average of $25.02. Wintrust Financial has a 1-year low of $24.21 and a 1-year high of $25.49.

Wintrust Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be issued a $0.4297 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 6.79%. The ex-dividend date is Tuesday, December 31st.

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.