Zions Bancorporation, National Association (NASDAQ:ZIONP) Sees Large Drop in Short Interest

by · The Markets Daily

Zions Bancorporation, National Association (NASDAQ:ZIONP – Get Free Report) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 305 shares, a decrease of 72.7% from the May 31st total of 1,116 shares. Based on an average trading volume of 3,233 shares, the days-to-cover ratio is currently 0.1 days.

Zions Bancorporation, National Association Stock Performance

NASDAQ ZIONP opened at $18.34 on Friday. The company’s 50 day moving average price is $18.97 and its 200 day moving average price is $19.48. Zions Bancorporation, National Association has a one year low of $18.35 and a one year high of $24.35.

Zions Bancorporation, National Association Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.3204 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.28 annualized dividend and a yield of 7.0%. This is an increase from Zions Bancorporation, National Association’s previous quarterly dividend of $0.28.

About Zions Bancorporation, National Association

(Get Free Report)

Zions Bancorporation, National Association is the principal banking subsidiary of Zions Bancorporation, Inc, a financial services organization headquartered in Salt Lake City, Utah. Chartered in 1873, the bank has grown through strategic acquisitions and an expanded branch network to serve a diverse customer base. As a nationally chartered institution regulated by the Office of the Comptroller of the Currency and the FDIC, Zions National Association plays a central role in delivering banking and financial services to individuals, businesses and government entities.

The bank’s core offerings encompass commercial and retail banking, including deposit accounts, lending solutions and treasury management services.

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