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

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the target of a significant increase in short interest in 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 trading volume of 1,600 shares, the days-to-cover ratio is presently 3.0 days.

Popular Capital Trust II PFD GTD 6.125% Trading Up 0.9 %

Popular Capital Trust II PFD GTD 6.125% stock opened at $25.97 on Friday. Popular Capital Trust II PFD GTD 6.125% has a 52 week low of $24.94 and a 52 week high of $26.25. The stock has a 50 day moving average of $25.77 and a 200-day moving average of $25.55.

Popular Capital Trust II PFD GTD 6.125% Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a $0.1276 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 5.90%.

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.