Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Short Interest Down 77.8% in December

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,800 shares, a decrease of 77.8% from the November 30th total of 8,100 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 0.8 days.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

BPOPM remained flat at $25.08 during trading hours on Thursday. 140 shares of the company traded hands, compared to its average volume of 2,541. The firm has a 50 day moving average of $25.60 and a 200-day moving average of $25.56. Popular Capital Trust II PFD GTD 6.125% has a 12 month low of $25.02 and a 12 month high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Sunday, December 15th will be issued a $0.1276 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 6.11%.

Popular Capital Trust II PFD GTD 6.125% Company Profile

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.