Enterprise Financial Services Corp (NASDAQ:EFSCP) Sees Large Growth in Short Interest

Enterprise Financial Services Corp (NASDAQ:EFSCP) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 12,802 shares, a growth of 115.7% from the December 31st total of 5,935 shares. Based on an average trading volume of 3,163 shares, the short-interest ratio is currently 4.0 days. Based on an average trading volume of 3,163 shares, the short-interest ratio is currently 4.0 days.

Enterprise Financial Services Trading Up 0.9%

Shares of Enterprise Financial Services stock traded up $0.18 on Friday, reaching $20.52. 713 shares of the stock were exchanged, compared to its average volume of 3,029. Enterprise Financial Services has a twelve month low of $17.20 and a twelve month high of $20.95. The business has a 50 day moving average price of $19.97 and a two-hundred day moving average price of $20.19.

Enterprise Financial Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, March 15th. Stockholders of record on Friday, February 27th will be issued a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, February 27th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Enterprise Financial Services stock. Jag Capital Management LLC boosted its stake in shares of Enterprise Financial Services Corp (NASDAQ:EFSCP) by 3.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,750 shares of the company’s stock after buying an additional 500 shares during the period. Jag Capital Management LLC’s holdings in Enterprise Financial Services were worth $304,000 at the end of the most recent quarter.

Enterprise Financial Services Company Profile

Enterprise Financial Services Corp (NASDAQ:EFSCP) is a bank holding company headquartered in Clayton, Missouri. Through its wholly owned subsidiary, Enterprise Bank & Trust, the company offers a range of financial services to small and midsize businesses, as well as high-net-worth individuals. Its core products include commercial and industrial lending, real estate financing, treasury and cash management, and trust and wealth management services.

Since its inception, the company has expanded its footprint across multiple states including Missouri, Illinois, Kansas, Oklahoma, Texas, Arizona, California, Arkansas, Tennessee, and Florida.