Valley National Bancorp (NASDAQ:VLYPP) Short Interest Update

Valley National Bancorp (NASDAQ:VLYPP) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totalling 213,200 shares, a decrease of 24.9% from the December 15th total of 283,800 shares. Based on an average daily volume of 13,700 shares, the short-interest ratio is currently 15.6 days.

Valley National Bancorp Stock Performance

NASDAQ:VLYPP opened at $25.19 on Thursday. Valley National Bancorp has a one year low of $18.63 and a one year high of $25.68. The business has a fifty day moving average price of $24.98 and a 200-day moving average price of $24.10.

Valley National Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a $0.3906 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a yield of 6.20%.

About Valley National Bancorp

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.