Valley National Bancorp (NASDAQ:VLYPO) Short Interest Update

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

Valley National Bancorp Stock Down 0.1 %

Shares of NASDAQ VLYPO traded down $0.02 during midday trading on Friday, hitting $24.95. The company had a trading volume of 3,451 shares, compared to its average volume of 16,222. Valley National Bancorp has a twelve month low of $20.04 and a twelve month high of $26.01. The business has a 50-day simple moving average of $25.17 and a two-hundred day simple moving average of $24.74.

Valley National Bancorp Cuts Dividend

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

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.