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

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the target of a significant growth in short interest in 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 Stock Up 0.5 %

Shares of CNOBP stock opened at $22.93 on Friday. ConnectOne Bancorp has a 1 year low of $19.01 and a 1 year high of $23.42. The firm’s fifty day simple moving average is $22.95 and its 200 day simple moving average is $22.05.

ConnectOne Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.3281 per share. This represents a $1.31 dividend on an annualized basis and a 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.