Short Interest in Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Increases By 145.5%

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 2,700 shares, an increase of 145.5% from the September 15th total of 1,100 shares. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is presently 2.5 days.

Popular Capital Trust II PFD GTD 6.125% Stock Up 0.7 %

Shares of NASDAQ:BPOPM traded up $0.19 during mid-day trading on Friday, hitting $25.85. The stock had a trading volume of 1,201 shares, compared to its average volume of 2,354. The company’s 50 day moving average is $25.64 and its 200-day moving average is $25.44. Popular Capital Trust II PFD GTD 6.125% has a 12-month low of $24.50 and a 12-month high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be given a $0.1276 dividend. This represents a $1.53 annualized dividend and a dividend yield of 5.92%. The ex-dividend date of this dividend is Tuesday, October 15th. This is a boost from Popular Capital Trust II PFD GTD 6.125%’s previous monthly dividend of $0.13.

About Popular Capital Trust II PFD GTD 6.125%

Popular, Inc, through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit.