ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Up 215.2% in December

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 10,400 shares, a growth of 215.2% from the December 15th total of 3,300 shares. Based on an average trading volume of 5,600 shares, the days-to-cover ratio is presently 1.9 days.

ConnectOne Bancorp Price Performance

Shares of NASDAQ:CNOBP opened at $22.77 on Thursday. ConnectOne Bancorp has a 1-year low of $18.49 and a 1-year high of $22.97. The business’s 50 day moving average is $22.20 and its 200-day moving average is $21.29.

ConnectOne Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a $0.3281 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date was Friday, November 15th.

ConnectOne Bancorp Company Profile

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.