Zions Bancorporation, National Association (NASDAQ:ZIONO) Short Interest Up 161.9% in October

Posted by ABMN Staff on Oct 28th, 2024

Zions Bancorporation, National Association (NASDAQ:ZIONO – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 11,000 shares, an increase of 161.9% from the September 30th total of 4,200 shares. Based on an average daily volume of 16,900 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors 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 bought a new stake in shares of Zions Bancorporation, National Association (NASDAQ:ZIONO – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 9,000 shares of the company’s stock, valued at approximately $228,000.

Zions Bancorporation, National Association Price Performance

Shares of Zions Bancorporation, National Association stock opened at $26.25 on Monday. Zions Bancorporation, National Association has a 12 month low of $24.90 and a 12 month high of $27.67. The business has a fifty day simple moving average of $26.24 and a two-hundred day simple moving average of $25.80.

Zions Bancorporation, National Association Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Sunday, September 1st were given a dividend of $0.6219 per share. This is a boost from Zions Bancorporation, National Association’s previous quarterly dividend of $0.61. This represents a $2.49 dividend on an annualized basis and a yield of 9.48%. The ex-dividend date was Friday, August 30th.

About Zions Bancorporation, National Association

(Get Free Report)

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.