ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Update

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 33,047 shares, an increase of 3,143.1% from the July 30th total of 1,019 shares. Based on an average daily volume of 11,958 shares, the days-to-cover ratio is currently 2.8 days.

ConnectOne Bancorp Price Performance

Shares of CNOBP remained flat at $25.11 during trading on Tuesday. The company’s stock had a trading volume of 2,067 shares, compared to its average volume of 6,583. The business’s fifty day moving average price is $25.10 and its two-hundred day moving average price is $24.85. ConnectOne Bancorp has a one year low of $23.11 and a one year high of $25.46.

ConnectOne Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a $0.3281 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.31 annualized dividend and a yield of 5.2%.

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.