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

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) was the target of a significant increase in short interest in 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 trading volume of 3,200 shares, the short-interest ratio is currently 0.7 days.

Popular Capital Trust II PFD GTD 6.125% Price Performance

BPOPM stock traded up $0.10 during trading hours on Friday, reaching $25.92. 4,596 shares of the stock were exchanged, compared to its average volume of 3,754. The firm’s 50-day moving average is $25.51 and its 200-day moving average is $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 company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a dividend of $0.1276 per share. The ex-dividend date is Wednesday, January 15th. This is an increase from Popular Capital Trust II PFD GTD 6.125%’s previous monthly dividend of $0.04. This represents a $1.53 dividend on an annualized basis and a dividend yield of 5.91%.

About Popular Capital Trust II PFD GTD 6.125%

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.