Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Sees Significant Increase in Short Interest

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a significant increase in short interest during 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 trading volume of 1,100 shares, the short-interest ratio is presently 2.5 days.

Popular Capital Trust II PFD GTD 6.125% Price Performance

Shares of BPOPM stock opened at $25.66 on Friday. The stock has a fifty day moving average of $25.64 and a 200 day moving average of $25.44. Popular Capital Trust II PFD GTD 6.125% has a 52 week low of $24.50 and a 52 week high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be issued a dividend of $0.1276 per share. This is an increase from Popular Capital Trust II PFD GTD 6.125%’s previous monthly dividend of $0.13. The ex-dividend date is Tuesday, October 15th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 5.97%.

Popular Capital Trust II PFD GTD 6.125% Company Profile

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.