ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Down 38.4% in June

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 4,018 shares, a decline of 38.4% from the May 31st total of 6,522 shares. Based on an average daily volume of 5,136 shares, the days-to-cover ratio is presently 0.8 days.

ConnectOne Bancorp Stock Down 0.1%

Shares of NASDAQ CNOBP traded down $0.01 during mid-day trading on Thursday, hitting $24.95. The company’s stock had a trading volume of 214 shares, compared to its average volume of 6,562. ConnectOne Bancorp has a one year low of $22.86 and a one year high of $25.11. The company’s fifty day simple moving average is $24.88 and its 200-day simple moving average is $24.65.

ConnectOne Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were paid a $0.3281 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.31 dividend on an annualized basis and a yield of 5.3%.

ConnectOne Bancorp Company Profile

ConnectOne Bancorp, Inc is the bank holding company for ConnectOne Bank, a regional commercial bank headquartered in Englewood Cliffs, New Jersey. Established through the 2006 merger of Northern Jersey Bancorp and Bergen Bancorp, ConnectOne Bank focuses on serving small- to middle-market businesses, professional firms and individual customers. The company’s core business activities include commercial lending, specialty finance, treasury management and deposit services.

ConnectOne Bank provides a comprehensive suite of financial products and services.