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

ConnectOne Bancorp, Inc. (NASDAQ:CNOBPGet Free Report) was the target of 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 short-interest ratio is presently 0.4 days.

ConnectOne Bancorp Stock Performance

Shares of NASDAQ CNOBP opened at $24.99 on Thursday. The company’s 50 day simple moving average is $24.64 and its 200 day simple moving average is $24.44. ConnectOne Bancorp has a fifty-two week low of $22.10 and a fifty-two week high of $25.11.

ConnectOne Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be paid a dividend of $0.3281 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.3%.

About ConnectOne Bancorp

(Get Free Report)

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

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