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

Zions Bancorporation, National Association (NASDAQ:ZIONO) was the recipient of a large decline in short interest in 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 presently 0.2 days.

Zions Bancorporation, National Association Stock Performance

Zions Bancorporation, National Association stock opened at $26.60 on Friday. The stock’s fifty day moving average price is $26.04 and its two-hundred day moving average price is $25.69. Zions Bancorporation, National Association has a one year low of $24.75 and a one year high of $27.67.

Zions Bancorporation, National Association Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Sunday, September 1st were given a $0.6219 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 9.35%. This is a boost from Zions Bancorporation, National Association’s previous quarterly dividend of $0.61.

Institutional Investors Weigh In On Zions Bancorporation, National Association

An institutional investor recently raised its position in Zions Bancorporation, National Association stock. Bullseye Investment Management LLC raised its holdings in Zions Bancorporation, National Association (NASDAQ:ZIONO) by 65.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,562 shares of the company’s stock after acquiring an additional 15,315 shares during the period. Zions Bancorporation, National Association comprises 0.6% of Bullseye Investment Management LLC’s holdings, making the stock its 29th biggest holding. Bullseye Investment Management LLC’s holdings in Zions Bancorporation, National Association were worth $976,000 as of its most recent SEC filing.

Zions Bancorporation, National Association Company Profile

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.