ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Update

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 33,047 shares, an increase of 3,143.1% from the July 30th total of 1,019 shares. Based on an average trading volume of 11,958 shares, the days-to-cover ratio is currently 2.8 days.

ConnectOne Bancorp Stock Performance

Shares of NASDAQ CNOBP remained flat at $25.11 during trading on Tuesday. The stock had a trading volume of 2,067 shares, compared to its average volume of 6,583. ConnectOne Bancorp has a 1-year low of $23.11 and a 1-year high of $25.46. The stock has a 50 day simple moving average of $25.10 and a 200 day simple moving average of $24.85.

ConnectOne Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.3281 per share. The ex-dividend date is Friday, August 14th. This represents a $1.31 annualized dividend and a yield of 5.2%.

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.