Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Sees Large Decline in Short Interest

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 2,900 shares, a drop of 12.1% from the October 15th total of 3,300 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 2.6 days.

Popular Capital Trust II PFD GTD 6.125% Stock Up 1.9 %

Shares of Popular Capital Trust II PFD GTD 6.125% stock traded up $0.49 during trading on Friday, hitting $25.74. The company’s stock had a trading volume of 5,453 shares, compared to its average volume of 2,358. Popular Capital Trust II PFD GTD 6.125% has a 52 week low of $24.71 and a 52 week high of $26.25. The company has a fifty day simple moving average of $25.81 and a two-hundred day simple moving average of $25.53.

Popular Capital Trust II PFD GTD 6.125% Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a $0.1276 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 5.95%.

About Popular Capital Trust II PFD GTD 6.125%

Popular, Inc, through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit.