ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Rating) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 700 shares, a growth of 40.0% from the February 28th total of 500 shares. Based on an average daily trading volume, of 11,800 shares, the days-to-cover ratio is currently 0.1 days.
ConnectOne Bancorp Stock Performance
NASDAQ CNOBP traded up $0.49 during trading hours on Friday, hitting $16.04. The company's stock had a trading volume of 31,044 shares, compared to its average volume of 16,858. ConnectOne Bancorp has a 12 month low of $14.14 and a 12 month high of $24.21. The stock has a 50 day moving average price of $19.72.
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The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 1st. Investors of record on Friday, February 17th were issued a $0.3281 dividend. The ex-dividend date was Thursday, February 16th. This represents a $1.31 annualized dividend and a yield of 8.18%.
ConnectOne Bancorp Company Profile
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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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