Short Interest in Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Drops By 24.6%

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPMGet Free Report) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totalling 4,300 shares, a decrease of 24.6% from the March 15th total of 5,700 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 1.8 days.

Popular Capital Trust II PFD GTD 6.125% Price Performance

NASDAQ:BPOPM traded up $0.25 during mid-day trading on Friday, reaching $25.27. The company’s stock had a trading volume of 1,472 shares, compared to its average volume of 2,614. The firm’s fifty day moving average price is $25.49 and its two-hundred day moving average price is $25.25. Popular Capital Trust II PFD GTD 6.125% has a 12-month low of $23.92 and a 12-month high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be issued a dividend of $0.1276 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $1.53 annualized dividend and a dividend yield of 6.06%.

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