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

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the target of a significant 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 short-interest ratio is presently 3.0 days.

Popular Capital Trust II PFD GTD 6.125% Price Performance

Shares of BPOPM opened at $25.75 on Friday. Popular Capital Trust II PFD GTD 6.125% has a 1 year low of $24.71 and a 1 year high of $26.25. The company’s fifty day moving average is $25.78 and its two-hundred day moving average is $25.55.

Popular Capital Trust II PFD GTD 6.125% Cuts Dividend

The company 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. This represents a $1.53 annualized dividend and a dividend yield of 5.95%. The ex-dividend date of this dividend 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.