Wintrust Financial Co. (NASDAQ:WTFCM) is seeing a large increase in short interest

Wintrust Financial Co. (NASDAQ:WTFCM – Get Free Report ) was the beneficiary of a significant increase in short interest in July. As of July 31st, there was short interest totaling 37,100 shares, an increase of 2,991.7% from July 15th’s total of 1,200 shares. Based on an average daily trading volume of 12,700 shares, the short interest rate is currently 2.9 days.

Wintrust Financial Price Performance

WTFCM opened at $24.27 on Wednesday. The company has a fifty day simple moving average of $24.46 and a 200 day simple moving average of $24.09. Wintrust Financial has a fifty-two week low of $20.46 and a fifty-two week high of $24.95.

Wintrust Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st will be given a $0.41 dividend. The ex-dividend date is Tuesday, October 1st. This represents a dividend of $1.64 on an annualized basis and a dividend yield of 6.76%.

About Wintrust Financial

(Get a free report)

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-intermediate interest-bearing transaction accounts and savings deposits and domestic term deposits; home loans, consumer loans and real estate; storage facilities; and ATM, online and mobile banking and other services.

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