Valley National Bancorp (NASDAQ:VLYPP) Short Interest Down 24.9% in December

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

Valley National Bancorp Trading Down 0.6 %

Shares of VLYPP opened at $24.82 on Wednesday. The stock has a fifty day moving average of $24.97 and a two-hundred day moving average of $24.10. Valley National Bancorp has a fifty-two week low of $18.63 and a fifty-two week high of $25.68.

Valley National Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were paid a dividend of $0.3906 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 6.30%.

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.