ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Down 56.3% in March

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 2,100 shares, a decline of 56.3% from the February 28th total of 4,800 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is presently 0.4 days.

ConnectOne Bancorp Stock Down 0.1 %

Shares of ConnectOne Bancorp stock traded down $0.03 during trading on Friday, hitting $22.89. 2,261 shares of the stock were exchanged, compared to its average volume of 4,733. The stock’s fifty day moving average is $23.05 and its 200 day moving average is $22.21. ConnectOne Bancorp has a 12 month low of $19.25 and a 12 month high of $23.42.

ConnectOne Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.3281 per share. The ex-dividend date was Tuesday, February 18th. This represents a $1.31 annualized dividend and a dividend yield of 5.73%.

ConnectOne Bancorp Company Profile

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 New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking.