ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Up 118.2% in February

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 4,800 shares, a growth of 118.2% from the February 13th total of 2,200 shares. Based on an average daily trading volume, of 5,700 shares, the short-interest ratio is presently 0.8 days.

ConnectOne Bancorp Price Performance

CNOBP stock traded up $0.11 during midday trading on Friday, hitting $22.93. The stock had a trading volume of 321 shares, compared to its average volume of 4,596. The business has a 50-day moving average of $22.95 and a two-hundred day moving average of $22.04. ConnectOne Bancorp has a 52-week low of $19.01 and a 52-week high of $23.42.

ConnectOne Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.3281 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.73%.

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.