Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Short Interest Update

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 3,700 shares, an increase of 15.6% from the August 15th total of 3,200 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 2.5 days.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

NASDAQ:BPOPM traded up $0.11 during mid-day trading on Friday, hitting $25.64. 1,032 shares of the stock were exchanged, compared to its average volume of 2,478. Popular Capital Trust II PFD GTD 6.125% has a fifty-two week low of $24.38 and a fifty-two week high of $26.25. The firm’s 50-day simple moving average is $25.44 and its 200 day simple moving average is $25.39.

Popular Capital Trust II PFD GTD 6.125% Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th will be given a dividend of $0.1276 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.53 annualized dividend and a yield of 5.97%.

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.