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

Zions Bancorporation, National Association (NASDAQ:ZIONO) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 18,500 shares, an increase of 54.2% from the October 31st total of 12,000 shares. Based on an average daily volume of 18,800 shares, the short-interest ratio is currently 1.0 days.

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 purchased a new position in shares of Zions Bancorporation, National Association (NASDAQ:ZIONO) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,000 shares of the company’s stock, valued at approximately $228,000.

Zions Bancorporation, National Association Stock Performance

Zions Bancorporation, National Association stock opened at $25.54 on Friday. Zions Bancorporation, National Association has a 1 year low of $25.07 and a 1 year high of $27.67. The firm’s 50 day moving average price is $26.46 and its two-hundred day moving average price is $25.92.

Zions Bancorporation, National Association Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Sunday, December 1st will be given a dividend of $0.5971 per share. This represents a $2.39 dividend on an annualized basis and a dividend yield of 9.35%. The ex-dividend date is Friday, November 29th.

Zions Bancorporation, National Association Company Profile

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.