ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Sees Large Decrease in Short Interest

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 2,764 shares, a decrease of 91.6% from the August 15th total of 33,047 shares. Based on an average daily volume of 5,470 shares, the short-interest ratio is presently 0.5 days.

ConnectOne Bancorp Trading Up 0.2%

Shares of CNOBP traded up $0.05 during midday trading on Friday, reaching $25.35. 2,804 shares of the company were exchanged, compared to its average volume of 6,372. ConnectOne Bancorp has a 1-year low of $23.52 and a 1-year high of $25.51. The stock has a 50-day moving average price of $25.20 and a 200-day moving average price of $24.91.

ConnectOne Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th were given a $0.3281 dividend. This represents a $1.31 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Friday, August 14th.

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.