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

Enterprise Financial Services Corp (NASDAQ:EFSCP) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 2,700 shares, a growth of 58.8% from the February 28th total of 1,700 shares. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 0.9 days.

Enterprise Financial Services Stock Down 0.7 %

NASDAQ EFSCP traded down $0.13 during midday trading on Monday, hitting $18.69. 149 shares of the company traded hands, compared to its average volume of 3,205. Enterprise Financial Services has a 52 week low of $18.06 and a 52 week high of $22.22. The company’s 50-day simple moving average is $19.44 and its 200-day simple moving average is $20.09.

Enterprise Financial Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Friday, February 28th were paid a $0.3125 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.25 annualized dividend and a yield of 6.69%.

About Enterprise Financial Services

Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers primarily in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico. It provides checking, savings, money market accounts, and certificates of deposit.