Short Interest in Zions Bancorporation, National Association (NASDAQ:ZIONP) Declines By 35.1%

Zions Bancorporation, National Association (NASDAQ:ZIONP) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 955 shares, a drop of 35.1% from the July 30th total of 1,472 shares. Based on an average daily trading volume, of 5,272 shares, the short-interest ratio is currently 0.2 days.

Zions Bancorporation, National Association Price Performance

NASDAQ:ZIONP traded down $0.44 during midday trading on Tuesday, hitting $17.68. 893 shares of the stock were exchanged, compared to its average volume of 6,087. Zions Bancorporation, National Association has a one year low of $17.80 and a one year high of $23.40. The business has a 50-day moving average price of $18.31 and a two-hundred day moving average price of $18.88.

Zions Bancorporation, National Association Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $0.284 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.14 annualized dividend and a dividend yield of 6.4%.

Zions Bancorporation, National Association Company Profile

Zions Bancorporation, National Association is the principal banking subsidiary of Zions Bancorporation, Inc, a financial services organization headquartered in Salt Lake City, Utah. Chartered in 1873, the bank has grown through strategic acquisitions and an expanded branch network to serve a diverse customer base. As a nationally chartered institution regulated by the Office of the Comptroller of the Currency and the FDIC, Zions National Association plays a central role in delivering banking and financial services to individuals, businesses and government entities.

The bank’s core offerings encompass commercial and retail banking, including deposit accounts, lending solutions and treasury management services.