ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Update

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

ConnectOne Bancorp Stock Down 0.1%

Shares of CNOBP traded down $0.03 during midday trading on Friday, reaching $24.81. The company had a trading volume of 10,319 shares, 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 firm has a 50 day simple moving average of $24.72 and a 200-day simple moving average of $24.50.

ConnectOne Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be paid a $0.3281 dividend. The ex-dividend date of this dividend 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.