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

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 1,600 shares, an increase of 33.3% from the August 15th total of 1,200 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is currently 0.4 days.

ConnectOne Bancorp Stock Up 0.4 %

Shares of NASDAQ:CNOBP traded up $0.09 on Monday, hitting $20.88. The stock had a trading volume of 3,936 shares, compared to its average volume of 6,090. The firm’s 50 day moving average price is $20.51 and its 200-day moving average price is $20.13. ConnectOne Bancorp has a twelve month low of $15.97 and a twelve month high of $21.00.

ConnectOne Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were given a $0.3281 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.31 annualized dividend and a yield of 6.29%.

About ConnectOne Bancorp

ConnectOne Bancorp, Inc operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking.