Enterprise Financial Services Corp (NASDAQ:EFSCP – Get Free Report) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 6,200 shares, a drop of 11.4% from the October 31st total of 7,000 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 1.9 days.
Enterprise Financial Services Price Performance
Shares of EFSCP traded up $0.26 during trading on Friday, reaching $20.45. 4,979 shares of the company traded hands, compared to its average volume of 6,115. The stock has a 50-day simple moving average of $20.86 and a 200-day simple moving average of $20.03. Enterprise Financial Services has a twelve month low of $14.60 and a twelve month high of $22.22.
Enterprise Financial Services Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Sunday, December 15th. Shareholders of record on Friday, November 29th will be given a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 6.11%. The ex-dividend date is Friday, November 29th.
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.
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