Valley National Bancorp (NASDAQ:VLYPO – Get Free Report) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, a growth of 220.0% from the February 28th total of 500 shares. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is presently 0.2 days.
Valley National Bancorp Price Performance
Shares of NASDAQ:VLYPO opened at $24.95 on Friday. The business has a 50-day simple moving average of $25.18 and a two-hundred day simple moving average of $25.16. Valley National Bancorp has a fifty-two week low of $22.31 and a fifty-two week high of $26.01.
Valley National Bancorp Cuts Dividend
The business 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 $0.5162 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.28%.
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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