ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Sees Significant Decrease in Short Interest

ConnectOne Bancorp, Inc. (NASDAQ:CNOBPGet Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,764 shares, a decrease of 91.6% from the August 15th total of 33,047 shares. Based on an average daily volume of 5,470 shares, the days-to-cover ratio is currently 0.5 days.

ConnectOne Bancorp Price Performance

Shares of NASDAQ CNOBP traded up $0.04 during mid-day trading on Thursday, hitting $25.34. The company had a trading volume of 4,798 shares, compared to its average volume of 6,393. The firm has a 50-day simple moving average of $25.20 and a two-hundred day simple moving average of $24.91. ConnectOne Bancorp has a one year low of $23.52 and a one year high of $25.51.

ConnectOne Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 14th were issued a dividend of $0.3281 per share. This represents a $1.31 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Friday, August 14th.

ConnectOne Bancorp Company Profile

(Get Free Report)

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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