Short Interest in Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Grows By 65.5%

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 4,800 shares, an increase of 65.5% from the October 31st total of 2,900 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 3.0 days.

Popular Capital Trust II PFD GTD 6.125% Price Performance

BPOPM stock opened at $25.75 on Friday. The business has a 50 day simple moving average of $25.78 and a 200-day simple moving average of $25.55. Popular Capital Trust II PFD GTD 6.125% has a twelve month low of $24.71 and a twelve month high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be paid a dividend of $0.1276 per share. This represents a $1.53 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date is Friday, November 15th.

Popular Capital Trust II PFD GTD 6.125% Company Profile

Popular, Inc, through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit.