Valley National Bancorp (NASDAQ:VLYPO) Short Interest Update

Valley National Bancorp (NASDAQ:VLYPO) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 3,200 shares, a decline of 43.9% from the November 30th total of 5,700 shares. Based on an average daily trading volume, of 7,000 shares, the short-interest ratio is presently 0.5 days.

Valley National Bancorp Stock Down 0.1 %

Shares of Valley National Bancorp stock opened at $24.97 on Friday. Valley National Bancorp has a 1-year low of $20.04 and a 1-year high of $26.01. The business’s fifty day moving average price is $25.19 and its two-hundred day moving average price is $24.73.

Valley National Bancorp Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be paid a dividend of $0.5336 per share. This represents a $2.13 dividend on an annualized basis and a dividend yield of 8.55%. The ex-dividend date is Friday, December 13th.

Valley National Bancorp Company Profile

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments.