Enterprise Financial Services Corp (NASDAQ:EFSCP) Short Interest Update

Enterprise Financial Services Corp (NASDAQ:EFSCP) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 12,802 shares, an increase of 115.7% from the December 31st total of 5,935 shares. Based on an average daily trading volume, of 3,163 shares, the short-interest ratio is presently 4.0 days. Based on an average daily trading volume, of 3,163 shares, the short-interest ratio is presently 4.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Enterprise Financial Services stock. Jag Capital Management LLC increased its position in shares of Enterprise Financial Services Corp (NASDAQ:EFSCP) by 10.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,250 shares of the company’s stock after purchasing an additional 1,400 shares during the period. Jag Capital Management LLC’s holdings in Enterprise Financial Services were worth $281,000 at the end of the most recent reporting period.

Enterprise Financial Services Trading Down 0.6%

Shares of Enterprise Financial Services stock traded down $0.12 during trading on Friday, reaching $20.57. The company’s stock had a trading volume of 5,453 shares, compared to its average volume of 3,168. The business’s fifty day moving average price is $19.94 and its 200-day moving average price is $20.19. Enterprise Financial Services has a one year low of $17.20 and a one year high of $20.95.

Enterprise Financial Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, March 15th. Investors of record on Friday, February 27th will be given a dividend of $0.3125 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.25 dividend on an annualized basis and a yield of 6.1%.

About Enterprise Financial Services

Enterprise Financial Services Corp (NASDAQ:EFSCP) is a bank holding company headquartered in Clayton, Missouri. Through its wholly owned subsidiary, Enterprise Bank & Trust, the company offers a range of financial services to small and midsize businesses, as well as high-net-worth individuals. Its core products include commercial and industrial lending, real estate financing, treasury and cash management, and trust and wealth management services.

Since its inception, the company has expanded its footprint across multiple states including Missouri, Illinois, Kansas, Oklahoma, Texas, Arizona, California, Arkansas, Tennessee, and Florida.