Short Interest in Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Drops By 56.7%

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 1,527 shares, a decrease of 56.7% from the January 29th total of 3,526 shares. Based on an average daily volume of 2,816 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 2,816 shares, the short-interest ratio is presently 0.5 days.

Popular Capital Trust II PFD GTD 6.125% Stock Up 1.3%

Shares of BPOPM traded up $0.32 during trading hours on Friday, reaching $25.44. 3,526 shares of the stock traded hands, compared to its average volume of 4,578. The company’s 50-day moving average price is $25.34 and its two-hundred day moving average price is $25.21. Popular Capital Trust II PFD GTD 6.125% has a 52-week low of $24.53 and a 52-week high of $25.98.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Sunday, February 15th will be paid a dividend of $0.1276 per share. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Friday, February 13th.

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.