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Short Interest in ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Declines By 60.0%

Financial News Live ·  Dec 15, 2022 23:41

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Rating) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 400 shares, a drop of 60.0% from the November 15th total of 1,000 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is presently 0.1 days.

ConnectOne Bancorp Stock Down 5.0 %

Shares of CNOBP traded down $1.11 during trading hours on Thursday, hitting $21.00. 8,432 shares of the company were exchanged, compared to its average volume of 5,728. The business's fifty day moving average is $20.60. ConnectOne Bancorp has a one year low of $19.51 and a one year high of $26.57.

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ConnectOne Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 1st. Stockholders of record on Tuesday, November 15th were paid a dividend of $0.3281 per share. This represents a $1.31 annualized dividend and a dividend yield of 6.25%. The ex-dividend date was Monday, November 14th.

About ConnectOne Bancorp

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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 Northern New Jersey and New York Metropolitan area, and South Florida market. The company offers personal and business checking, retirement, money market, and time and savings accounts.

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