ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) was the target of a significant decline in short interest in 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 volume of 2,082 shares, the days-to-cover ratio is currently 0.8 days.
ConnectOne Bancorp Stock Performance
Shares of NASDAQ CNOBP traded up $0.00 during midday trading on Thursday, reaching $25.25. The stock had a trading volume of 299 shares, compared to its average volume of 6,123. The stock has a 50-day moving average of $25.26 and a 200-day moving average of $24.98. ConnectOne Bancorp has a 12-month low of $23.81 and a 12-month high of $25.51.
ConnectOne Bancorp Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th were paid a $0.3281 dividend. This represents a $1.31 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Friday, August 14th.
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.
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