ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Up 232.0% in May

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,083 shares, an increase of 232.0% from the April 30th total of 1,230 shares. Based on an average daily volume of 5,345 shares, the days-to-cover ratio is presently 0.8 days.

ConnectOne Bancorp Trading Down 0.1%

CNOBP traded down $0.03 during trading on Friday, hitting $24.81. 10,319 shares of the stock were exchanged, compared to its average volume of 6,582. ConnectOne Bancorp has a 1-year low of $22.52 and a 1-year high of $25.11. The stock has a fifty day moving average price of $24.72 and a two-hundred day moving average price of $24.50.

ConnectOne Bancorp Dividend Announcement

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

About ConnectOne Bancorp

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.