ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Shares Shorted: Short Interest Down 36.6% in September

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,752 shares, a decline of 36.6% from the August 31st total of 2,764 shares. Based on an average daily trading volume, of 2,082 shares, the short-interest ratio is presently 0.8 days.

ConnectOne Bancorp Stock Performance

Shares of NASDAQ:CNOBP opened at $25.27 on Friday. ConnectOne Bancorp has a 52-week low of $23.81 and a 52-week high of $25.51. The business has a fifty day moving average of $25.27 and a two-hundred day moving average of $24.98.

ConnectOne Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 14th were issued a $0.3281 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.2%.

About ConnectOne Bancorp

ConnectOne Bancorp, Inc is the parent company of ConnectOne Bank, a full-service commercial bank serving businesses, professionals, nonprofit organizations and individuals. The bank focuses on relationship-based banking and provides lending, deposit and cash-management solutions through branches and digital banking channels.

Its products and services include commercial and industrial loans, commercial real estate financing, construction and residential mortgage loans, consumer lending, checking and savings accounts, certificates of deposit, treasury management and online and mobile banking.