ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 2,764 shares, a decline of 91.6% from the August 15th total of 33,047 shares. Based on an average daily trading volume, of 5,470 shares, the short-interest ratio is currently 0.5 days.
ConnectOne Bancorp Trading Up 0.1%
NASDAQ:CNOBP traded up $0.03 during trading hours on Friday, reaching $25.32. 2,820 shares of the company were exchanged, compared to its average volume of 6,372. The business has a 50 day moving average of $25.20 and a 200 day moving average of $24.91. ConnectOne Bancorp has a 1-year low of $23.52 and a 1-year high of $25.51.
ConnectOne Bancorp Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th were given a dividend of $0.3281 per share. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Friday, August 14th.
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.
Further Reading
- Five stocks we like better than ConnectOne Bancorp
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for ConnectOne Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ConnectOne Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
