Short Interest in Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Increases By 37.2%

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 5,900 shares, an increase of 37.2% from the March 31st total of 4,300 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is currently 2.3 days.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

Shares of BPOPM traded up $0.03 on Monday, reaching $25.23. 515 shares of the company’s stock traded hands, compared to its average volume of 2,464. The stock’s 50 day simple moving average is $25.43 and its two-hundred day simple moving average is $25.27. Popular Capital Trust II PFD GTD 6.125% has a 52-week low of $23.92 and a 52-week high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a dividend of $0.1276 per share. This represents a $1.53 annualized dividend and a dividend yield of 6.07%. The ex-dividend date of this dividend is Friday, April 12th.