Wintrust Financial Co. (NASDAQ:WTFCP) Short Interest Update

Wintrust Financial Co. (NASDAQ:WTFCP) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 3,800 shares, a decline of 78.9% from the May 15th total of 18,000 shares. Based on an average daily trading volume, of 68,200 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Wintrust Financial

A hedge fund recently bought a new stake in Wintrust Financial stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Wintrust Financial Co. (NASDAQ:WTFCP) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,200 shares of the company’s stock, valued at approximately $56,000.

Wintrust Financial Stock Performance

WTFCP stock opened at $25.31 on Friday. The company’s fifty day simple moving average is $25.13 and its 200 day simple 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st will be issued a dividend of $0.4297 per share. The ex-dividend date is Tuesday, July 1st. This represents a $1.72 annualized dividend and a dividend yield of 6.79%.

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.