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

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 1,900 shares, a growth of 46.2% from the November 15th total of 1,300 shares. Based on an average daily volume of 5,000 shares, the short-interest ratio is currently 0.4 days.

ConnectOne Bancorp Stock Performance

NASDAQ:CNOBP opened at $22.23 on Friday. The company has a fifty day simple moving average of $21.72 and a two-hundred day simple moving average of $20.93. ConnectOne Bancorp has a 52 week low of $17.69 and a 52 week high of $22.45.

ConnectOne Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a $0.3281 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.31 annualized dividend and a dividend yield of 5.90%.

About ConnectOne Bancorp

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.