Short Interest in Zions Bancorporation, National Association (NASDAQ:ZIONP) Decreases By 71.7%

Zions Bancorporation, National Association (NASDAQ:ZIONP) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 422 shares, a drop of 71.7% from the April 15th total of 1,489 shares. Based on an average trading volume of 5,794 shares, the days-to-cover ratio is presently 0.1 days.

Zions Bancorporation, National Association Stock Performance

ZIONP traded down $0.07 during trading on Friday, reaching $19.05. The company had a trading volume of 2,512 shares, compared to its average volume of 7,365. Zions Bancorporation, National Association has a 12 month low of $18.40 and a 12 month high of $24.40. The business’s fifty day moving average price is $19.18 and its 200 day moving average price is $19.97.

Zions Bancorporation, National Association Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a $0.3204 dividend. The ex-dividend date of this dividend is Monday, June 1st. This is an increase from Zions Bancorporation, National Association’s previous quarterly dividend of $0.28. This represents a $1.28 dividend on an annualized basis and a yield of 6.7%.

Zions Bancorporation, National Association Company Profile

Zions Bancorporation, National Association is the principal banking subsidiary of Zions Bancorporation, Inc, a financial services organization headquartered in Salt Lake City, Utah. Chartered in 1873, the bank has grown through strategic acquisitions and an expanded branch network to serve a diverse customer base. As a nationally chartered institution regulated by the Office of the Comptroller of the Currency and the FDIC, Zions National Association plays a central role in delivering banking and financial services to individuals, businesses and government entities.

The bank’s core offerings encompass commercial and retail banking, including deposit accounts, lending solutions and treasury management services.