Valley National Bancorp (NASDAQ:VLYPP – Get Free Report) saw a significant decrease in short interest in the month of 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
Shares of Valley National Bancorp stock opened at $25.10 on Friday. The business has a 50 day moving average of $24.99 and a 200 day moving average of $24.11. Valley National Bancorp has a 52 week low of $18.63 and a 52 week high of $25.68.
Valley National Bancorp Dividend Announcement
The business also recently announced 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. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date was Friday, December 13th.
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.
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