ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Sees Large Decline in Short Interest

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,752 shares, a decline of 36.6% from the August 31st total of 2,764 shares. Based on an average trading volume of 2,082 shares, the short-interest ratio is currently 0.8 days.

ConnectOne Bancorp Stock Up 0.1%

NASDAQ:CNOBP opened at $25.25 on Friday. The company has a 50 day moving average price of $25.26 and a 200 day moving average price of $24.98. ConnectOne Bancorp has a fifty-two week low of $23.81 and a fifty-two week high of $25.51.

ConnectOne Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th were paid a dividend of $0.3281 per share. This represents a $1.31 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Friday, August 14th.

ConnectOne Bancorp Company Profile

ConnectOne Bancorp, Inc is the parent company of ConnectOne Bank, a full-service commercial bank serving businesses, professionals, nonprofit organizations and individuals. The bank focuses on relationship-based banking and provides lending, deposit and cash-management solutions through branches and digital banking channels.

Its products and services include commercial and industrial loans, commercial real estate financing, construction and residential mortgage loans, consumer lending, checking and savings accounts, certificates of deposit, treasury management and online and mobile banking.