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 target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 18,900 shares, a decrease of 12.5% from the January 15th total of 21,600 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is presently 4.3 days.

Popular Capital Trust II PFD GTD 6.125% Price Performance

BPOPM stock remained flat at $25.26 on Monday. The company had a trading volume of 681 shares, compared to its average volume of 4,033. The firm’s 50 day simple moving average is $25.50 and its two-hundred day simple moving average is $25.61. Popular Capital Trust II PFD GTD 6.125% has a one year low of $24.89 and a one year high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Saturday, February 15th will be paid a $0.1276 dividend. This represents a $1.53 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date of this dividend is Friday, February 14th.

About Popular Capital Trust II PFD GTD 6.125%

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.