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

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 3,100 shares, a growth of 342.9% from the February 29th total of 700 shares. Based on an average trading volume of 10,100 shares, the short-interest ratio is presently 0.3 days.

ConnectOne Bancorp Price Performance

Shares of CNOBP stock opened at $19.41 on Thursday. The stock’s 50 day simple moving average is $19.36 and its 200 day simple moving average is $18.30. ConnectOne Bancorp has a twelve month low of $14.00 and a twelve month high of $20.25.

ConnectOne Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a $0.3281 dividend. This is an increase from ConnectOne Bancorp’s previous quarterly dividend of $0.33. This represents a $1.31 annualized dividend and a yield of 6.76%. The ex-dividend date was Wednesday, February 14th.

About ConnectOne Bancorp

ConnectOne Bancorp, Inc operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking.