ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Update

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,764 shares, a drop of 91.6% from the August 15th total of 33,047 shares. Based on an average trading volume of 5,470 shares, the short-interest ratio is currently 0.5 days.

ConnectOne Bancorp Price Performance

Shares of NASDAQ:CNOBP traded up $0.04 during midday trading on Thursday, hitting $25.34. The stock had a trading volume of 4,798 shares, compared to its average volume of 6,393. ConnectOne Bancorp has a fifty-two week low of $23.52 and a fifty-two week high of $25.51. The company’s 50-day moving average price is $25.20 and its 200-day moving average price is $24.91.

ConnectOne Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors 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 yield of 5.2%. The ex-dividend date was 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.