Enterprise Financial Services Corp (NASDAQ:EFSCP) Short Interest Up 103.8% in March

Enterprise Financial Services Corp (NASDAQ:EFSCP) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 5,300 shares, an increase of 103.8% from the February 29th total of 2,600 shares. Based on an average trading volume of 13,700 shares, the short-interest ratio is currently 0.4 days.

Enterprise Financial Services Price Performance

NASDAQ EFSCP remained flat at $19.45 during trading hours on Thursday. The company had a trading volume of 910 shares, compared to its average volume of 13,746. Enterprise Financial Services has a 1-year low of $13.68 and a 1-year high of $20.80. The business’s 50 day simple moving average is $17.77 and its two-hundred day simple moving average is $16.43.

Enterprise Financial Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were given a $0.3125 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $1.25 dividend on an annualized basis and a yield of 6.43%.

Enterprise Financial Services Company Profile

Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers primarily in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico. It provides checking, savings, money market accounts, and certificates of deposit.