ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,300 shares, a growth of 225.0% from the October 31st total of 400 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 0.3 days.
ConnectOne Bancorp Stock Performance
Shares of CNOBP remained flat at $22.20 during trading hours on Friday. 4,580 shares of the stock traded hands, compared to its average volume of 5,790. ConnectOne Bancorp has a fifty-two week low of $16.91 and a fifty-two week high of $22.32. The company’s 50 day moving average price is $21.50 and its two-hundred day moving average price is $20.78.
ConnectOne Bancorp Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $0.3281 per share. This represents a $1.31 annualized dividend and a dividend yield of 5.91%. The ex-dividend date of this dividend is Friday, November 15th.
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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