Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Sees Significant Increase in Short Interest

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 5,900 shares, a growth of 37.2% from the March 31st total of 4,300 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is currently 2.3 days.

Popular Capital Trust II PFD GTD 6.125% Stock Down 0.3 %

BPOPM stock traded down $0.08 during trading on Monday, hitting $25.12. 515 shares of the company’s stock traded hands, compared to its average volume of 2,464. Popular Capital Trust II PFD GTD 6.125% has a 52 week low of $23.92 and a 52 week high of $26.25. The stock has a fifty day moving average price of $25.43 and a two-hundred day moving average price of $25.27.

Popular Capital Trust II PFD GTD 6.125% Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a dividend of $0.1276 per share. This represents a $1.53 dividend on an annualized basis and a dividend yield of 6.10%. The ex-dividend date is Friday, April 12th.