ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 9,567 shares, a growth of 138.1% from the June 15th total of 4,018 shares. Based on an average daily volume of 7,943 shares, the days-to-cover ratio is presently 1.2 days.
ConnectOne Bancorp Stock Performance
CNOBP remained flat at $25.08 during trading hours on Tuesday. 312 shares of the company were exchanged, compared to its average volume of 6,457. ConnectOne Bancorp has a 1-year low of $23.00 and a 1-year high of $25.11. The business’s fifty day moving average price is $24.93 and its two-hundred day moving average price is $24.69.
ConnectOne Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were paid a dividend of $0.3281 per share. The ex-dividend date was Friday, May 15th. This represents a $1.31 annualized dividend and a dividend yield of 5.2%.
About ConnectOne Bancorp
ConnectOne Bancorp, Inc is the bank holding company for ConnectOne Bank, a regional commercial bank headquartered in Englewood Cliffs, New Jersey. Established through the 2006 merger of Northern Jersey Bancorp and Bergen Bancorp, ConnectOne Bank focuses on serving small- to middle-market businesses, professional firms and individual customers. The company’s core business activities include commercial lending, specialty finance, treasury management and deposit services.
ConnectOne Bank provides a comprehensive suite of financial products and services.
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