ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Down 38.4% in June

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 4,018 shares, a drop of 38.4% from the May 31st total of 6,522 shares. Based on an average daily trading volume, of 5,136 shares, the short-interest ratio is presently 0.8 days.

ConnectOne Bancorp Stock Performance

Shares of NASDAQ:CNOBP traded down $0.01 during mid-day trading on Thursday, reaching $24.95. The stock had a trading volume of 214 shares, compared to its average volume of 6,562. The firm has a 50 day simple moving average of $24.88 and a two-hundred day simple moving average of $24.65. ConnectOne Bancorp has a twelve month low of $22.86 and a twelve month high of $25.11.

ConnectOne Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a dividend of $0.3281 per share. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Friday, May 15th.

ConnectOne Bancorp Company Profile

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.