Wintrust Financial Co. (NASDAQ:WTFCM – Get Rating) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 3,000 shares, an increase of 400.0% from the November 15th total of 600 shares. Based on an average trading volume of 9,700 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Investors Weigh In On Wintrust Financial
An institutional investor recently bought a new position in Wintrust Financial stock. Connectus Wealth LLC purchased a new stake in shares of Wintrust Financial Co. (NASDAQ:WTFCM – Get Rating) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 276,391 shares of the company's stock, valued at approximately $6,752,000.
Get Wintrust Financial alerts:Wintrust Financial Price Performance
NASDAQ WTFCM opened at $24.60 on Tuesday. Wintrust Financial has a 12 month low of $23.26 and a 12 month high of $28.19. The stock has a 50 day moving average of $24.15 and a 200-day moving average of $24.93.
Wintrust Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Sunday, January 15th. Stockholders of record on Sunday, January 1st will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 6.67%. The ex-dividend date of this dividend is Thursday, December 29th.Wintrust Financial Company Profile
(Get Rating)
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.
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