Zions Bancorporation, National Association (NASDAQ:ZIONO) Short Interest Up 161.9% in October

Posted by Bonnie Powley on Oct 28th, 2024

Zions Bancorporation, National Association (NASDAQ:ZIONO – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 11,000 shares, an increase of 161.9% from the September 30th total of 4,200 shares. Based on an average daily volume of 16,900 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Zions Bancorporation, National Association stock. Silvercrest Asset Management Group LLC bought a new position in Zions Bancorporation, National Association (NASDAQ:ZIONO – Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The firm bought 9,000 shares of the company’s stock, valued at approximately $228,000.

Zions Bancorporation, National Association Stock Down 0.5 %

Shares of Zions Bancorporation, National Association stock opened at $26.25 on Monday. Zions Bancorporation, National Association has a one year low of $24.90 and a one year high of $27.67. The business’s 50 day simple moving average is $26.24 and its two-hundred day simple moving average is $25.80.

Zions Bancorporation, National Association Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Sunday, September 1st were issued a dividend of $0.6219 per share. This is a positive change from Zions Bancorporation, National Association’s previous quarterly dividend of $0.61. This represents a $2.49 dividend on an annualized basis and a dividend yield of 9.48%. The ex-dividend date of this dividend was Friday, August 30th.

Zions Bancorporation, National Association Company Profile

(Get Free Report)

Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.