Zions Bancorporation, National Association (NASDAQ:ZIONO) Short Interest Up 161.9% in October

Zions Bancorporation, National Association (NASDAQ:ZIONO) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 11,000 shares, an increase of 161.9% from the September 30th total of 4,200 shares. Based on an average trading volume of 16,900 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Zions Bancorporation, National Association stock. Silvercrest Asset Management Group LLC purchased a new position in shares of Zions Bancorporation, National Association (NASDAQ:ZIONO) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,000 shares of the company’s stock, valued at approximately $228,000.

Zions Bancorporation, National Association Stock Down 0.5 %

NASDAQ ZIONO opened at $26.25 on Friday. Zions Bancorporation, National Association has a one year low of $24.90 and a one year high of $27.67. The company has a 50-day simple moving average of $26.24 and a 200-day simple moving average of $25.79.

Zions Bancorporation, National Association Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Sunday, September 1st were issued a $0.6219 dividend. The ex-dividend date was Friday, August 30th. This is a positive change from Zions Bancorporation, National Association’s previous quarterly dividend of $0.61. This represents a $2.49 annualized dividend and a dividend yield of 9.48%.

About Zions Bancorporation, National Association

Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.