Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Short Interest Update

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 3,300 shares, an increase of 22.2% from the September 30th total of 2,700 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is currently 3.0 days.

Popular Capital Trust II PFD GTD 6.125% Price Performance

Shares of NASDAQ BPOPM remained flat at $25.84 during mid-day trading on Wednesday. 117 shares of the stock were exchanged, compared to its average volume of 2,271. The business has a 50-day simple moving average of $25.74 and a two-hundred day simple moving average of $25.49. Popular Capital Trust II PFD GTD 6.125% has a 1-year low of $24.50 and a 1-year high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be given a $0.1276 dividend. This is an increase from Popular Capital Trust II PFD GTD 6.125%’s previous monthly dividend of $0.13. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $1.53 dividend on an annualized basis and a yield of 5.93%.

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.