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

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

ConnectOne Bancorp Price Performance

CNOBP opened at $25.12 on Thursday. ConnectOne Bancorp has a 1 year low of $23.11 and a 1 year high of $25.46. The firm has a 50 day moving average price of $25.11 and a 200 day moving average price of $24.85.

ConnectOne Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a $0.3281 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.31 annualized dividend and a dividend yield of 5.2%.

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.