Zions Bancorporation, National Association (NASDAQ:ZIONO) Sees Large Growth in Short Interest

Posted by Bob Marten on Nov 29th, 2024

Zions Bancorporation, National Association (NASDAQ:ZIONO – Get Free Report) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 18,500 shares, an increase of 54.2% from the October 31st total of 12,000 shares. Based on an average daily volume of 18,800 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Zions Bancorporation, National Association

A hedge fund recently bought a new stake in Zions Bancorporation, National Association stock. Silvercrest Asset Management Group LLC bought a new stake in shares of Zions Bancorporation, National Association (NASDAQ:ZIONO – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 9,000 shares of the company’s stock, valued at approximately $228,000.

Zions Bancorporation, National Association Trading Up 0.0 %

NASDAQ ZIONO opened at $25.54 on Friday. Zions Bancorporation, National Association has a 12-month low of $25.07 and a 12-month high of $27.67. The company has a 50 day moving average price of $26.46 and a two-hundred day moving average price of $25.92.

Zions Bancorporation, National Association Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Sunday, December 1st will be given a dividend of $0.5971 per share. This represents a $2.39 annualized dividend and a yield of 9.35%. The ex-dividend date is Friday, November 29th.

Zions Bancorporation, National Association Company Profile

(Get Free Report)

Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.