ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Up 118.2% in February

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 4,800 shares, a growth of 118.2% from the February 13th total of 2,200 shares. Based on an average trading volume of 5,700 shares, the days-to-cover ratio is presently 0.8 days.

ConnectOne Bancorp Trading Up 0.5 %

NASDAQ CNOBP opened at $22.93 on Friday. The company has a 50 day moving average price of $22.95 and a two-hundred day moving average price of $22.05. ConnectOne Bancorp has a 12-month low of $19.01 and a 12-month high of $23.42.

ConnectOne Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.3281 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date of this dividend was Tuesday, February 18th.

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.