ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 1,230 shares, a growth of 262.8% from the April 15th total of 339 shares. Based on an average daily volume of 3,452 shares, the short-interest ratio is currently 0.4 days.
ConnectOne Bancorp Trading Down 1.0%
CNOBP stock traded down $0.25 during trading on Friday, hitting $24.75. 5,207 shares of the stock traded hands, compared to its average volume of 6,786. ConnectOne Bancorp has a one year low of $22.30 and a one year high of $25.11. The company has a 50 day simple moving average of $24.65 and a 200 day simple moving average of $24.45.
ConnectOne Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be issued a dividend of $0.3281 per share. This represents a $1.31 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Friday, May 15th.
About ConnectOne Bancorp
ConnectOne Bancorp, Inc is the bank holding company for ConnectOne Bank, a regional commercial bank headquartered in Englewood Cliffs, New Jersey. Established through the 2006 merger of Northern Jersey Bancorp and Bergen Bancorp, ConnectOne Bank focuses on serving small- to middle-market businesses, professional firms and individual customers. The company’s core business activities include commercial lending, specialty finance, treasury management and deposit services.
ConnectOne Bank provides a comprehensive suite of financial products and services.
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