Short Interest in Wintrust Financial Co. (NASDAQ:WTFCP) Expands By 178.5%

Wintrust Financial Co. (NASDAQ:WTFCPGet Free Report) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 36,200 shares, a growth of 178.5% from the March 15th total of 13,000 shares. Based on an average trading volume of 61,400 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Wintrust Financial

An institutional investor recently bought a new position in Wintrust Financial stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Wintrust Financial Co. (NASDAQ:WTFCPFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,200 shares of the company’s stock, valued at approximately $56,000.

Wintrust Financial Trading Up 0.4 %

WTFCP opened at $24.98 on Tuesday. The firm has a fifty day moving average price of $25.19 and a 200 day moving average price of $25.18. Wintrust Financial has a 1 year low of $24.53 and a 1 year high of $25.49.

Wintrust Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a $0.4297 dividend. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.88%.

About Wintrust Financial

(Get Free Report)

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.

Further Reading

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