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

Wintrust Financial Co. (NASDAQ:WTFCP) saw a significant growth in short interest in 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 daily volume of 61,400 shares, the days-to-cover ratio is currently 0.6 days.

Wintrust Financial Stock Up 0.0 %

Shares of NASDAQ:WTFCP opened at $25.00 on Thursday. The business’s 50 day moving average is $25.18 and its 200 day moving average is $25.18. Wintrust Financial has a 12-month low of $24.53 and a 12-month high of $25.49.

Wintrust Financial Dividend Announcement

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

Institutional Trading of Wintrust Financial

A hedge fund recently bought a new stake in Wintrust Financial stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Wintrust Financial Co. (NASDAQ:WTFCP) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,200 shares of the company’s stock, valued at approximately $56,000.

Wintrust Financial Company Profile

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.