Zions Bancorporation, National Association (NASDAQ:ZIONO) Sees Large Drop in Short Interest

Zions Bancorporation, National Association (NASDAQ:ZIONO) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 7,500 shares, a drop of 14.8% from the August 31st total of 8,800 shares. Based on an average trading volume of 19,400 shares, the days-to-cover ratio is currently 0.4 days.

Zions Bancorporation, National Association Trading Up 0.4 %

Shares of ZIONO stock opened at $26.66 on Monday. The stock has a 50-day moving average price of $25.85 and a 200 day moving average price of $25.63. Zions Bancorporation, National Association has a 12 month low of $24.75 and a 12 month high of $27.67.

Zions Bancorporation, National Association Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Sunday, September 1st were given a dividend of $0.6219 per share. This is a positive change from Zions Bancorporation, National Association’s previous quarterly dividend of $0.61. This represents a $2.49 annualized dividend and a dividend yield of 9.33%. The ex-dividend date was Friday, August 30th.

Hedge Funds Weigh In On Zions Bancorporation, National Association

A hedge fund recently bought a new stake in Zions Bancorporation, National Association stock. Silvercrest Asset Management Group LLC acquired a new stake in shares of Zions Bancorporation, National Association (NASDAQ:ZIONO) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 9,000 shares of the company’s stock, valued at approximately $228,000.

About Zions Bancorporation, National Association

Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.