ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Rating) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,400 shares, an increase of 50.0% from the January 15th total of 1,600 shares. Based on an average trading volume of 3,900 shares, the days-to-cover ratio is currently 0.6 days.
ConnectOne Bancorp Stock Down 0.9 %
NASDAQ:CNOBP traded down $0.20 during trading hours on Monday, reaching $21.55. 4,691 shares of the stock were exchanged, compared to its average volume of 4,410. ConnectOne Bancorp has a twelve month low of $19.51 and a twelve month high of $24.99. The company's 50 day simple moving average is $21.24.
Get ConnectOne Bancorp alerts:ConnectOne Bancorp Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 1st. Stockholders of record on Friday, February 17th will be issued a $0.3281 dividend. This represents a $1.31 annualized dividend and a dividend yield of 6.09%. The ex-dividend date is Thursday, February 16th.
About ConnectOne Bancorp
(Get Rating)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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