Valley National Bancorp (NASDAQ:VLYPO) Short Interest Down 42.9% in September

Valley National Bancorp (NASDAQ:VLYPO) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 4,000 shares, a decrease of 42.9% from the September 15th total of 7,000 shares. Based on an average daily trading volume, of 10,600 shares, the days-to-cover ratio is presently 0.4 days.

Valley National Bancorp Trading Up 0.3 %

Shares of VLYPO stock traded up $0.07 during trading hours on Friday, hitting $25.16. 5,112 shares of the company were exchanged, compared to its average volume of 18,508. Valley National Bancorp has a 1 year low of $20.04 and a 1 year high of $26.01. The firm has a fifty day moving average of $24.96 and a 200 day moving average of $24.33.

Valley National Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were issued a $0.5989 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 9.52%. The ex-dividend date was Friday, September 13th. This is a positive change from Valley National Bancorp’s previous quarterly dividend of $0.58.

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.