Short Interest in Wintrust Financial Co. (NASDAQ:WTFCM) Rises By 266.7%

Wintrust Financial Co. (NASDAQ:WTFCM) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 6,600 shares, an increase of 266.7% from the December 15th total of 1,800 shares. Based on an average daily trading volume, of 8,400 shares, the short-interest ratio is currently 0.8 days.

Wintrust Financial Stock Up 0.1 %

Shares of NASDAQ WTFCM traded up $0.03 during midday trading on Monday, reaching $24.98. 9,429 shares of the company traded hands, compared to its average volume of 9,690. The stock’s 50-day simple moving average is $25.12 and its 200-day simple moving average is $24.89. Wintrust Financial has a 12 month low of $23.08 and a 12 month high of $25.50.

Wintrust Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 6.57%. The ex-dividend date of this dividend is Tuesday, December 31st.

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.