Short Interest in ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Decreases By 66.7%

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 2,900 shares, a decline of 66.7% from the January 15th total of 8,700 shares. Based on an average daily trading volume, of 5,900 shares, the days-to-cover ratio is currently 0.5 days.

ConnectOne Bancorp Stock Performance

CNOBP traded down $0.13 during trading on Wednesday, reaching $23.14. The stock had a trading volume of 3,145 shares, compared to its average volume of 5,148. The stock has a 50 day moving average of $22.65 and a two-hundred day moving average of $21.64. ConnectOne Bancorp has a 1-year low of $18.80 and a 1-year high of $23.42.

ConnectOne Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $0.3281 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.31 annualized dividend and a dividend yield of 5.67%.

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.