Wintrust Financial Co. (NASDAQ:WTFCP) Short Interest Down 44.0% in January

Wintrust Financial Co. (NASDAQ:WTFCP) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 32,800 shares, a decrease of 44.0% from the December 31st total of 58,600 shares. Based on an average trading volume of 23,600 shares, the days-to-cover ratio is presently 1.4 days.

Wintrust Financial Trading Down 0.2 %

Shares of NASDAQ:WTFCP opened at $25.12 on Friday. Wintrust Financial has a 1 year low of $24.53 and a 1 year high of $25.49. The business has a fifty day simple moving average of $25.20 and a 200 day simple moving average of $25.13.

Wintrust Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.4297 per share. The ex-dividend date is Tuesday, April 1st. This represents a $1.72 annualized dividend and a dividend yield of 6.84%.

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.