Zions Bancorporation, National Association (NASDAQ:ZIONO) Short Interest Up 31.6% in May

Zions Bancorporation, National Association (NASDAQ:ZIONOGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 2,500 shares, a growth of 31.6% from the April 30th total of 1,900 shares. Based on an average daily trading volume, of 26,100 shares, the days-to-cover ratio is currently 0.1 days.

Zions Bancorporation, National Association Price Performance

Shares of ZIONO opened at $25.85 on Friday. The business has a 50-day moving average of $25.55 and a 200 day moving average of $25.63. Zions Bancorporation, National Association has a fifty-two week low of $23.23 and a fifty-two week high of $27.67.

Zions Bancorporation, National Association Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Saturday, June 1st will be given a dividend of $0.6417 per share. The ex-dividend date is Friday, May 31st. This represents a $2.57 annualized dividend and a dividend yield of 9.93%. This is an increase from Zions Bancorporation, National Association’s previous quarterly dividend of $0.62.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Zions Bancorporation, National Association stock. Silvercrest Asset Management Group LLC acquired a new position in shares of Zions Bancorporation, National Association (NASDAQ:ZIONOFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,000 shares of the company’s stock, valued at approximately $228,000.

Zions Bancorporation, National Association Company Profile

(Get Free Report)

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.

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