Short Interest in Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Decreases By 43.8%

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,887 shares, a decline of 43.8% from the July 30th total of 3,356 shares. Based on an average daily trading volume, of 1,364 shares, the short-interest ratio is currently 1.4 days.

Popular Capital Trust II PFD GTD 6.125% Price Performance

Shares of BPOPM stock remained flat at $25.22 during trading hours on Friday. The stock had a trading volume of 64 shares, compared to its average volume of 3,797. Popular Capital Trust II PFD GTD 6.125% has a one year low of $24.75 and a one year high of $25.65. The business’s fifty day simple moving average is $25.20 and its two-hundred day simple moving average is $25.25.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Investors of record on Saturday, August 15th will be paid a dividend of $0.1276 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, August 14th.

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.