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

Zions Bancorporation, National Association (NASDAQ:ZIONO) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 4,200 shares, a decline of 44.0% from the September 15th total of 7,500 shares. Based on an average daily volume of 17,600 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,000 shares of the company’s stock, valued at approximately $228,000.

Zions Bancorporation, National Association Stock Up 0.2 %

Zions Bancorporation, National Association stock opened at $26.66 on Friday. Zions Bancorporation, National Association has a 52-week low of $24.75 and a 52-week high of $27.67. The firm’s fifty day moving average is $26.06 and its 200 day moving average is $25.70.

Zions Bancorporation, National Association Increases Dividend

The firm 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 represents a $2.49 annualized dividend and a dividend yield of 9.33%. This is a boost from Zions Bancorporation, National Association’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend was Friday, August 30th.

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.