Wintrust Financial Co. (NASDAQ:WTFCM – Get Rating) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 17,300 shares, an increase of 193.2% from the March 31st total of 5,900 shares. Based on an average daily trading volume, of 10,200 shares, the short-interest ratio is currently 1.7 days.
Institutional Investors Weigh In On Wintrust Financial
A hedge fund recently bought a new stake in Wintrust Financial stock. Connectus Wealth LLC acquired a new stake in shares of Wintrust Financial Co. (NASDAQ:WTFCM – Get Rating) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 276,391 shares of the company's stock, valued at approximately $6,752,000.
Get Wintrust Financial alerts:Wintrust Financial Stock Performance
Shares of Wintrust Financial stock opened at $23.40 on Thursday. Wintrust Financial has a 12 month low of $19.86 and a 12 month high of $26.63. The stock's fifty day moving average price is $23.57 and its 200-day moving average price is $24.24.
Wintrust Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Saturday, April 15th. Investors of record on Saturday, April 1st were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 7.01%. The ex-dividend date was 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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