Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Sees Large Drop in Short Interest

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,800 shares, a decline of 77.8% from the November 30th total of 8,100 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 0.8 days.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

NASDAQ:BPOPM remained flat at $25.08 during mid-day trading on Thursday. 140 shares of the company traded hands, compared to its average volume of 2,541. Popular Capital Trust II PFD GTD 6.125% has a one year low of $25.02 and a one year high of $26.25. The stock has a 50 day moving average price of $25.60 and a 200 day moving average price of $25.56.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Sunday, December 15th will be paid a dividend of $0.1276 per share. The ex-dividend date is Friday, December 13th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 6.11%.

Popular Capital Trust II PFD GTD 6.125% Company Profile

Popular, Inc, through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit.