Short Interest in ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Drops By 56.3%

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 2,100 shares, a decrease of 56.3% from the February 28th total of 4,800 shares. Based on an average daily trading volume, of 4,800 shares, the days-to-cover ratio is presently 0.4 days.

ConnectOne Bancorp Price Performance

Shares of NASDAQ:CNOBP traded down $0.03 during midday trading on Friday, hitting $22.89. 2,261 shares of the stock were exchanged, compared to its average volume of 4,733. ConnectOne Bancorp has a 52-week low of $19.25 and a 52-week high of $23.42. The business’s fifty day simple moving average is $23.05 and its two-hundred day simple moving average is $22.22.

ConnectOne Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.3281 per share. 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.

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.