Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Sees Significant Growth in Short Interest

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 23,400 shares, a growth of 568.6% from the March 15th total of 3,500 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is presently 6.5 days.

Popular Capital Trust II PFD GTD 6.125% Price Performance

Shares of BPOPM stock traded down $0.01 on Monday, reaching $25.43. 426 shares of the company were exchanged, compared to its average volume of 3,147. The company has a 50-day moving average of $25.40 and a 200-day moving average of $25.56. Popular Capital Trust II PFD GTD 6.125% has a one year low of $24.89 and a one year high of $26.11.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a $0.1276 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $1.53 dividend on an annualized basis and a yield of 6.02%.

About Popular Capital Trust II PFD GTD 6.125%

Popular, Inc, through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit.