ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Short Interest Up 33.3% in October

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 400 shares, an increase of 33.3% from the October 15th total of 300 shares. Based on an average trading volume of 5,000 shares, the days-to-cover ratio is presently 0.1 days.

ConnectOne Bancorp Price Performance

Shares of CNOBP traded up $0.10 during trading hours on Thursday, hitting $22.00. The company had a trading volume of 10,020 shares, compared to its average volume of 5,866. The business has a fifty day moving average of $21.24 and a 200-day moving average of $20.65. ConnectOne Bancorp has a 12 month low of $16.91 and a 12 month high of $22.08.

ConnectOne Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a $0.3281 dividend. This represents a $1.31 annualized dividend and a dividend yield of 5.97%. The ex-dividend date of this dividend is Friday, November 15th.

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.