Short Interest in ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Drops By 45.5%

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 1,200 shares, a decline of 45.5% from the July 31st total of 2,200 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 0.3 days.

ConnectOne Bancorp Trading Up 0.2 %

Shares of ConnectOne Bancorp stock traded up $0.04 on Wednesday, reaching $20.34. 2,955 shares of the company were exchanged, compared to its average volume of 6,278. ConnectOne Bancorp has a one year low of $15.97 and a one year high of $21.00. The company has a 50-day moving average of $20.42 and a 200 day moving average of $20.02.

ConnectOne Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be given a dividend of $0.3281 per share. This represents a $1.31 annualized dividend and a yield of 6.45%. The ex-dividend date of this dividend is Thursday, August 15th.

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.