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 large growth in short interest in 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 short-interest ratio is presently 0.1 days.

Zions Bancorporation, National Association Trading Up 0.1 %

NASDAQ ZIONO opened at $25.85 on Friday. Zions Bancorporation, National Association has a 52 week low of $23.23 and a 52 week high of $27.67. The company has a 50 day moving average price of $25.55 and a 200 day moving average price of $25.63.

Zions Bancorporation, National Association Increases Dividend

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

Institutional Investors Weigh In On Zions Bancorporation, National Association

A hedge fund recently raised its stake in Zions Bancorporation, National Association stock. Bullseye Investment Management LLC increased its position in shares of Zions Bancorporation, National Association (NASDAQ:ZIONOFree Report) by 65.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,562 shares of the company’s stock after purchasing an additional 15,315 shares during the quarter. Zions Bancorporation, National Association accounts for approximately 0.6% of Bullseye Investment Management LLC’s investment portfolio, making the stock its 29th largest holding. Bullseye Investment Management LLC’s holdings in Zions Bancorporation, National Association were worth $976,000 at the end of the most recent quarter.

About Zions Bancorporation, National Association

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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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