Wintrust Financial Co. (NASDAQ:WTFCM) Short Interest Down 45.5% in January

Wintrust Financial Co. (NASDAQ:WTFCM) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 3,600 shares, a decrease of 45.5% from the December 31st total of 6,600 shares. Based on an average daily volume of 7,900 shares, the days-to-cover ratio is currently 0.5 days.

Wintrust Financial Stock Down 0.2 %

NASDAQ:WTFCM opened at $25.06 on Friday. The company has a 50-day moving average of $25.10 and a 200-day moving average of $24.95. Wintrust Financial has a 52 week low of $23.08 and a 52 week high of $25.50.

Wintrust Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date of this dividend is Tuesday, April 1st.

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.