Zions Bancorporation, National Association (NASDAQ:ZIONP – Get Free Report) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 422 shares, a decline of 71.7% from the April 15th total of 1,489 shares. Based on an average daily trading volume, of 5,794 shares, the days-to-cover ratio is currently 0.1 days.
Zions Bancorporation, National Association Price Performance
Shares of NASDAQ:ZIONP traded up $0.16 during midday trading on Wednesday, reaching $19.25. The company had a trading volume of 2,167 shares, compared to its average volume of 7,397. The company’s 50 day moving average price is $19.19 and its 200 day moving average price is $20.01. Zions Bancorporation, National Association has a 52-week low of $18.40 and a 52-week high of $24.40.
Zions Bancorporation, National Association Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.3204 dividend. The ex-dividend date is Monday, June 1st. This represents a $1.28 dividend on an annualized basis and a yield of 6.7%. This is an increase from Zions Bancorporation, National Association’s previous quarterly dividend of $0.28.
Zions Bancorporation, National Association Company Profile
Zions Bancorporation, National Association is the principal banking subsidiary of Zions Bancorporation, Inc, a financial services organization headquartered in Salt Lake City, Utah. Chartered in 1873, the bank has grown through strategic acquisitions and an expanded branch network to serve a diverse customer base. As a nationally chartered institution regulated by the Office of the Comptroller of the Currency and the FDIC, Zions National Association plays a central role in delivering banking and financial services to individuals, businesses and government entities.
The bank’s core offerings encompass commercial and retail banking, including deposit accounts, lending solutions and treasury management services.
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