ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,600 shares, a growth of 33.3% from the August 15th total of 1,200 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 0.4 days.
ConnectOne Bancorp Trading Up 0.4 %
Shares of CNOBP traded up $0.09 during trading hours on Monday, hitting $20.88. 3,936 shares of the stock traded hands, compared to its average volume of 6,090. The business has a fifty day moving average of $20.51 and a 200-day moving average of $20.13. ConnectOne Bancorp has a 1-year low of $15.97 and a 1-year high of $21.00.
ConnectOne Bancorp Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were given a dividend of $0.3281 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.31 dividend on an annualized basis and a yield of 6.29%.
About ConnectOne Bancorp
ConnectOne Bancorp, Inc operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking.
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