Zions Bancorporation, National Association (NASDAQ:ZIONP) Sees Large Decline in Short Interest

Zions Bancorporation, National Association (NASDAQ:ZIONP) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 331 shares, a decrease of 69.3% from the September 30th total of 1,079 shares. Based on an average trading volume of 6,759 shares, the days-to-cover ratio is presently 0.0 days.

Zions Bancorporation, National Association Stock Down 0.8%

Shares of Zions Bancorporation, National Association stock opened at $17.11 on Wednesday. The business has a 50-day simple moving average of $17.64 and a 200 day simple moving average of $18.73. Zions Bancorporation, National Association has a one year low of $16.72 and a one year high of $22.24.

Zions Bancorporation, National Association Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.2840 per share. This represents a $1.14 annualized dividend and a dividend yield of 6.6%. This is a drop from Zions Bancorporation, National Association’s previous quarterly dividend of $0.3204. The ex-dividend date of this dividend was Tuesday, September 1st.

About Zions Bancorporation, National Association

Zions Bancorporation, National Association is a regional financial services company headquartered in Salt Lake City, Utah. Through its network of locally managed banking brands, the company provides banking and related financial services to individuals, small and midsize businesses, corporations, nonprofit organizations and government entities.

The company’s services include consumer and commercial deposits, residential and commercial real estate lending, business loans, treasury management, cash management, wealth management and investment services.