Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Short Interest Up 16.7% in December

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,100 shares, an increase of 16.7% from the December 15th total of 1,800 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is currently 0.7 days.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

BPOPM traded up $0.10 during trading hours on Friday, hitting $25.92. 4,596 shares of the stock were exchanged, compared to its average volume of 3,754. The stock has a 50-day simple moving average of $25.51 and a 200-day simple moving average of $25.58. Popular Capital Trust II PFD GTD 6.125% has a 12 month low of $24.89 and a 12 month high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a $0.1276 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.53 dividend on an annualized basis and a yield of 5.91%. This is a boost from Popular Capital Trust II PFD GTD 6.125%’s previous monthly dividend of $0.04.

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.