Short Interest in Wintrust Financial Co. (NASDAQ:WTFCP) Drops By 13.9%

Wintrust Financial Co. (NASDAQ:WTFCP) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 40,400 shares, a decline of 13.9% from the August 31st total of 46,900 shares. Based on an average daily volume of 72,800 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Wintrust Financial

An institutional investor recently bought a new position in Wintrust Financial stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Wintrust Financial Co. (NASDAQ:WTFCP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,200 shares of the company’s stock, valued at approximately $55,000.

Wintrust Financial Stock Up 0.1 %

WTFCP opened at $25.41 on Friday. Wintrust Financial has a 12-month low of $22.80 and a 12-month high of $25.48. The stock’s 50 day moving average price is $25.05 and its two-hundred day moving average price is $24.95.

Wintrust Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st will be paid a dividend of $0.4297 per share. This represents a $1.72 annualized dividend and a yield of 6.76%. The ex-dividend date is Tuesday, October 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.