Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Short Interest Update

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 3,700 shares, an increase of 15.6% from the August 15th total of 3,200 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is currently 2.5 days.

Popular Capital Trust II PFD GTD 6.125% Stock Up 0.4 %

BPOPM traded up $0.11 on Friday, hitting $25.64. The company had a trading volume of 1,032 shares, compared to its average volume of 2,478. The company’s fifty day moving average price is $25.44 and its 200 day moving average price is $25.39. Popular Capital Trust II PFD GTD 6.125% has a 1-year low of $24.38 and a 1-year high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th will be given a $0.1276 dividend. This represents a $1.53 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date of this dividend is Friday, September 13th.

Popular Capital Trust II PFD GTD 6.125% Company Profile

Popular, Inc, through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit.