Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Short Interest Up 37.0% in January

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 9,435 shares, an increase of 37.0% from the December 31st total of 6,888 shares. Based on an average daily volume of 6,522 shares, the short-interest ratio is presently 1.4 days. Based on an average daily volume of 6,522 shares, the short-interest ratio is presently 1.4 days.

Popular Capital Trust II PFD GTD 6.125% Trading Down 1.0%

Shares of NASDAQ:BPOPM opened at $25.23 on Tuesday. The company has a 50 day moving average of $25.30 and a 200-day moving average of $25.19. Popular Capital Trust II PFD GTD 6.125% has a one year low of $24.53 and a one year high of $25.98.

Popular Capital Trust II PFD GTD 6.125% Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th were given a dividend of $0.1276 per share. The ex-dividend date was Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 6.1%.

Popular Capital Trust II PFD GTD 6.125% Company Profile

Popular Capital Trust II Pfd Gtd 6.125% (NASDAQ: BPOPM) is a Delaware statutory trust formed by Popular, Inc to issue cumulative preferred securities. The trust’s sole assets consist of junior subordinated debentures issued by Popular, Inc, which serve as collateral for the preferred securities. Investors in BPOPM receive a fixed annual distribution rate of 6.125% through the initial fixed‐rate period.

These trust preferred securities are guaranteed on a subordinated basis by Popular, Inc, a financial holding company headquartered in San Juan, Puerto Rico.