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) was the recipient of a significant increase in short interest in the month of 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 daily trading volume, of 7,759 shares, the short-interest ratio is currently 0.9 days. Based on an average daily trading volume, of 7,759 shares, the short-interest ratio is currently 0.9 days.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

Shares of BPOPM stock opened at $25.22 on Thursday. The business has a 50-day moving average of $25.18 and a 200 day moving average of $25.10. Popular Capital Trust II PFD GTD 6.125% has a 1-year low of $24.53 and a 1-year high of $26.09.

Popular Capital Trust II PFD GTD 6.125% Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 15th will be issued a $0.1276 dividend. The ex-dividend date is Monday, December 15th. This represents a c) annualized dividend 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.