Wintrust Financial Co. (NASDAQ:WTFCM – Get Rating) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 1,200 shares, a drop of 29.4% from the February 28th total of 1,700 shares. Based on an average trading volume of 10,500 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Wintrust Financial

A hedge fund recently bought a new stake in Wintrust Financial stock. Connectus Wealth LLC bought a new position in shares of Wintrust Financial Co. (NASDAQ:WTFCM – Get Rating) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 276,391 shares of the company's stock, valued at approximately $6,752,000.

Wintrust Financial Trading Up 0.6 %

Wintrust Financial stock opened at $22.82 on Wednesday. Wintrust Financial has a 12-month low of $19.86 and a 12-month high of $26.72. The firm has a 50 day simple moving average of $24.65 and a 200-day simple moving average of $24.50.

Wintrust Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, April 15th. Investors of record on Saturday, April 1st will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 7.19%. The ex-dividend date is Thursday, March 30th.

About Wintrust Financial

(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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