ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 9,567 shares, a growth of 138.1% from the June 15th total of 4,018 shares. Based on an average daily trading volume, of 7,943 shares, the short-interest ratio is currently 1.2 days.
ConnectOne Bancorp Price Performance
ConnectOne Bancorp stock traded down $0.04 during midday trading on Wednesday, reaching $25.08. 1,768 shares of the stock traded hands, compared to its average volume of 6,445. The stock’s fifty day moving average is $24.93 and its 200-day moving average is $24.70. ConnectOne Bancorp has a 12 month low of $23.00 and a 12 month high of $25.13.
ConnectOne Bancorp Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a dividend of $0.3281 per share. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was 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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