Short Interest in ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Rises By 225.0%

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,300 shares, an increase of 225.0% from the October 31st total of 400 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 0.3 days.

ConnectOne Bancorp Price Performance

NASDAQ CNOBP traded up $0.29 during mid-day trading on Wednesday, reaching $22.30. 1,325 shares of the stock were exchanged, compared to its average volume of 5,788. The stock has a 50 day simple moving average of $21.43 and a 200-day simple moving average of $20.75. ConnectOne Bancorp has a one year low of $16.91 and a one year high of $22.32.

ConnectOne Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a $0.3281 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.31 dividend on an annualized basis and a yield of 5.89%.

ConnectOne Bancorp Company Profile

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.