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

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 9,567 shares, an increase of 138.1% from the June 15th total of 4,018 shares. Based on an average daily volume of 7,943 shares, the days-to-cover ratio is presently 1.2 days.

ConnectOne Bancorp Trading Down 0.0%

CNOBP stock traded down $0.01 during mid-day trading on Thursday, hitting $25.08. 1,776 shares of the company were exchanged, compared to its average volume of 6,446. ConnectOne Bancorp has a 1-year low of $23.00 and a 1-year high of $25.13. The business has a 50 day simple moving average of $24.93 and a 200-day simple moving average of $24.70.

ConnectOne Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a $0.3281 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.31 annualized dividend and a dividend yield of 5.2%.

About ConnectOne Bancorp

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.