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

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Enterprise Financial Services stock. Jag Capital Management LLC grew its position in Enterprise Financial Services Corp (NASDAQ:EFSCP) by 10.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,250 shares of the company’s stock after purchasing an additional 1,400 shares during the quarter. Jag Capital Management LLC’s holdings in Enterprise Financial Services were worth $281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Enterprise Financial Services Price Performance

NASDAQ:EFSCP traded down $0.12 during mid-day 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 firm’s fifty day moving average price is $19.94 and its two-hundred day moving average price is $20.19. Enterprise Financial Services has a 12-month low of $17.20 and a 12-month 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 issued a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Friday, February 27th.

Enterprise Financial Services Company Profile

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.