Wintrust Financial Co. (NASDAQ:WTFCP – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 18,900 shares, a growth of 20.4% from the July 31st total of 15,700 shares. Based on an average trading volume of 43,900 shares, the days-to-cover ratio is presently 0.4 days.
Wintrust Financial Trading Down 0.4 %
Shares of NASDAQ:WTFCP opened at $23.20 on Tuesday. Wintrust Financial has a 1 year low of $19.39 and a 1 year high of $26.76. The firm has a fifty day moving average price of $23.67 and a 200 day moving average price of $23.57.
Wintrust Financial Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Sunday, October 15th. Shareholders of record on Sunday, October 1st will be issued a dividend of $0.4297 per share. This represents a $1.72 dividend on an annualized basis and a yield of 7.41%. The ex-dividend date of this dividend is Thursday, September 28th.
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.
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