ArrowMark Financial Corp. (NASDAQ:BANX) Short Interest Up 48.9% in October
ArrowMark Financial Corp. (NASDAQ:BANX) experienced a 48.9% increase in short interest in October, reaching 27,100 shares as of October 15th, up from 18,200 shares on September 30th. This represents approximately 0.4% of the company's shares. The short-interest ratio is currently 1.5 days based on an average daily volume of 18,000 shares. Additionally, the company announced a special dividend of $0.40, payable on December 10th to shareholders of record on December 3rd, reflecting a yield of 810.0%.
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