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

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,300 shares, an increase of 225.0% from the October 31st total of 400 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is presently 0.3 days.

ConnectOne Bancorp Trading Up 0.9 %

Shares of CNOBP traded up $0.19 during midday trading on Thursday, hitting $22.20. 2,546 shares of the stock were exchanged, compared to its average volume of 5,796. ConnectOne Bancorp has a 52-week low of $16.91 and a 52-week high of $22.32. The stock has a fifty day simple moving average of $21.45 and a 200 day simple moving average of $20.76.

ConnectOne Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.3281 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.31 dividend on an annualized basis and a yield of 5.91%.

ConnectOne Bancorp Company Profile

ConnectOne Bancorp, Inc operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking.