ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 1,100 shares, a decline of 8.3% from the June 30th total of 1,200 shares. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is currently 0.4 days.
ConnectOne Bancorp Stock Performance
CNOBP traded up $0.16 on Thursday, reaching $20.67. 6,107 shares of the company’s stock were exchanged, compared to its average volume of 6,334. ConnectOne Bancorp has a twelve month low of $15.97 and a twelve month high of $20.97. The stock’s fifty day moving average price is $20.32 and its 200-day moving average price is $19.88.
ConnectOne Bancorp Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be issued a $0.3281 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $1.31 annualized dividend and a yield of 6.35%.
ConnectOne Bancorp Company Profile
ConnectOne Bancorp, Inc operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking.
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