Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Short Interest Down 62.6% in January

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 3,526 shares, a decline of 62.6% from the January 15th total of 9,435 shares. Based on an average daily trading volume, of 2,648 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 2,648 shares, the short-interest ratio is currently 1.3 days.

Popular Capital Trust II PFD GTD 6.125% Price Performance

BPOPM opened at $25.09 on Thursday. The business has a 50 day moving average of $25.32 and a 200-day moving average of $25.20. Popular Capital Trust II PFD GTD 6.125% has a 1-year low of $24.53 and a 1-year high of $25.98.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Sunday, February 15th will be given a $0.1276 dividend. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, February 13th.

About Popular Capital Trust II PFD GTD 6.125%

Popular Capital Trust II Pfd Gtd 6.125% (NASDAQ: BPOPM) is a Delaware statutory trust formed by Popular, Inc to issue cumulative preferred securities. The trust’s sole assets consist of junior subordinated debentures issued by Popular, Inc, which serve as collateral for the preferred securities. Investors in BPOPM receive a fixed annual distribution rate of 6.125% through the initial fixed‐rate period.

These trust preferred securities are guaranteed on a subordinated basis by Popular, Inc, a financial holding company headquartered in San Juan, Puerto Rico.