Short Interest in ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Rises By 232.0%

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 4,083 shares, a growth of 232.0% from the April 30th total of 1,230 shares. Based on an average daily volume of 5,345 shares, the short-interest ratio is currently 0.8 days.

ConnectOne Bancorp Stock Performance

CNOBP stock traded up $0.10 during trading on Friday, hitting $24.94. The company had a trading volume of 1,979 shares, compared to its average volume of 6,495. The firm has a 50-day moving average price of $24.72 and a 200-day moving average price of $24.50. ConnectOne Bancorp has a 12 month low of $22.52 and a 12 month high of $25.11.

ConnectOne Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be given a dividend of $0.3281 per share. The ex-dividend date is Friday, May 15th. This represents a $1.31 annualized dividend and a dividend yield of 5.3%.

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.