ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Up 3,143.1% in August

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 33,047 shares, a growth of 3,143.1% from the July 30th total of 1,019 shares. Based on an average daily trading volume, of 11,958 shares, the short-interest ratio is presently 2.8 days.

ConnectOne Bancorp Price Performance

Shares of CNOBP stock opened at $25.11 on Wednesday. The company’s fifty day simple moving average is $25.11 and its two-hundred day simple moving average is $24.85. ConnectOne Bancorp has a 1 year low of $23.11 and a 1 year high of $25.46.

ConnectOne Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be paid 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 is Friday, August 14th.

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.