Valley National Bancorp (NASDAQ:VLYPP – Get Free Report) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 16,500 shares, a decrease of 91.5% from the January 31st total of 195,200 shares. Based on an average daily volume of 20,900 shares, the short-interest ratio is currently 0.8 days.
Valley National Bancorp Stock Performance
VLYPP stock opened at $24.90 on Friday. The company has a 50 day moving average price of $25.14 and a 200 day moving average price of $24.75. Valley National Bancorp has a fifty-two week low of $19.30 and a fifty-two week high of $25.68.
Valley National Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a dividend yield of 6.28%. The ex-dividend date of this dividend is Friday, March 14th.
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.
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