Short Interest in Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Decreases By 43.8%

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,887 shares, a decrease of 43.8% from the July 30th total of 3,356 shares. Based on an average daily trading volume, of 1,364 shares, the short-interest ratio is currently 1.4 days.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

Shares of NASDAQ BPOPM remained flat at $25.22 during mid-day trading on Friday. 64 shares of the company traded hands, compared to its average volume of 3,797. Popular Capital Trust II PFD GTD 6.125% has a twelve month low of $24.75 and a twelve month high of $25.65. The firm’s 50 day moving average price is $25.20 and its 200-day moving average price is $25.25.

Popular Capital Trust II PFD GTD 6.125% Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th will be given a $0.1276 dividend. The ex-dividend date is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%.

About Popular Capital Trust II PFD GTD 6.125%

Popular Capital Trust II Pfd Gtd 6.125% (NASDAQ: BPOPM) is a Delaware statutory trust formed by Popular, Inc to issue cumulative preferred securities. The trust’s sole assets consist of junior subordinated debentures issued by Popular, Inc, which serve as collateral for the preferred securities. Investors in BPOPM receive a fixed annual distribution rate of 6.125% through the initial fixed‐rate period.

These trust preferred securities are guaranteed on a subordinated basis by Popular, Inc, a financial holding company headquartered in San Juan, Puerto Rico.