Valley National Bancorp (NASDAQ:VLYPO) Short Interest Down 58.3% in January

Valley National Bancorp (NASDAQ:VLYPO) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 3,500 shares, a decrease of 58.3% from the December 31st total of 8,400 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is presently 0.5 days.

Valley National Bancorp Stock Down 0.2 %

Valley National Bancorp stock traded down $0.04 during trading on Friday, reaching $25.09. The stock had a trading volume of 7,333 shares, compared to its average volume of 5,987. Valley National Bancorp has a 52-week low of $20.04 and a 52-week high of $26.01. The business has a 50 day moving average price of $25.14 and a 200 day moving average price of $25.00.

Valley National Bancorp Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were given a dividend of $0.5336 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $2.13 annualized dividend and a dividend yield of 8.51%.

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.