Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Short Interest Down 12.1% in October

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 2,900 shares, a drop of 12.1% from the October 15th total of 3,300 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 2.6 days.

Popular Capital Trust II PFD GTD 6.125% Stock Up 0.0 %

BPOPM stock traded up $0.01 during trading on Monday, reaching $25.75. 9,200 shares of the company were exchanged, compared to its average volume of 2,396. The stock’s 50 day moving average price is $25.81 and its 200 day moving average price is $25.53. Popular Capital Trust II PFD GTD 6.125% has a 52-week low of $24.71 and a 52-week high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.1276 per share. This represents a $1.53 annualized dividend and a dividend 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.