Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Short Interest Up 318.6% in December

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 6,940 shares, an increase of 318.6% from the November 30th total of 1,658 shares. Based on an average trading volume of 7,759 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 7,759 shares, the days-to-cover ratio is currently 0.9 days.

Popular Capital Trust II PFD GTD 6.125% Trading Up 0.3%

NASDAQ:BPOPM opened at $25.22 on Thursday. The firm’s fifty day simple moving average is $25.18 and its 200 day simple moving average is $25.10. Popular Capital Trust II PFD GTD 6.125% has a twelve month low of $24.53 and a twelve month high of $26.09.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 15th will be paid a dividend of $0.1276 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%.

Popular Capital Trust II PFD GTD 6.125% Company Profile

Popular Capital Trust II Pfd Gtd 6.125% (NASDAQ: BPOPM) is a Delaware statutory trust formed by Popular, Inc to issue cumulative preferred securities. The trust’s sole assets consist of junior subordinated debentures issued by Popular, Inc, which serve as collateral for the preferred securities. Investors in BPOPM receive a fixed annual distribution rate of 6.125% through the initial fixed‐rate period.

These trust preferred securities are guaranteed on a subordinated basis by Popular, Inc, a financial holding company headquartered in San Juan, Puerto Rico.