ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 1,561 shares, a drop of 83.7% from the June 30th total of 9,567 shares. Based on an average daily volume of 3,944 shares, the short-interest ratio is currently 0.4 days.
ConnectOne Bancorp Price Performance
ConnectOne Bancorp stock traded up $0.04 on Monday, reaching $25.18. The company’s stock had a trading volume of 3,855 shares, compared to its average volume of 6,194. The business’s fifty day moving average price is $24.95 and its 200 day moving average price is $24.74. ConnectOne Bancorp has a twelve month low of $23.11 and a twelve month high of $25.17.
ConnectOne Bancorp Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a $0.3281 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Friday, August 14th.
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.
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