ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) saw a significant growth in short interest in 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 trading volume of 3,900 shares, the days-to-cover ratio is presently 0.4 days.
ConnectOne Bancorp Stock Down 0.2 %
CNOBP stock traded down $0.05 during midday trading on Monday, hitting $20.74. The stock had a trading volume of 3,438 shares, compared to its average volume of 6,088. ConnectOne Bancorp has a 52 week low of $15.97 and a 52 week high of $21.00. The stock has a 50-day simple moving average of $20.51 and a 200 day simple moving average of $20.13.
ConnectOne Bancorp Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were given a $0.3281 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.31 annualized dividend and a yield of 6.33%.
ConnectOne Bancorp Company Profile
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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