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

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 2,000 shares, a growth of 566.7% from the June 30th total of 300 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is presently 0.9 days.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

BPOPM stock remained flat at $25.35 during trading on Friday. 59 shares of the company traded hands, compared to its average volume of 2,621. Popular Capital Trust II PFD GTD 6.125% has a one year low of $24.38 and a one year high of $26.25. The stock has a 50-day simple moving average of $25.36 and a 200 day simple moving average of $25.40.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, August 1st. Shareholders of record on Monday, July 15th will be paid a dividend of $0.1276 per share. The ex-dividend date of this dividend is Monday, July 15th. This represents a $1.53 dividend on an annualized basis and a yield of 6.04%.