ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Sees Significant Growth in Short Interest

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,230 shares, a growth of 262.8% from the April 15th total of 339 shares. Based on an average daily trading volume, of 3,452 shares, the days-to-cover ratio is presently 0.4 days.

ConnectOne Bancorp Price Performance

CNOBP opened at $24.99 on Thursday. The business’s 50-day moving average price is $24.64 and its two-hundred day moving average price is $24.44. ConnectOne Bancorp has a 1 year low of $22.10 and a 1 year high of $25.11.

ConnectOne Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be paid a $0.3281 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.31 annualized dividend and a dividend yield of 5.3%.

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.