Valley National Bancorp (NASDAQ:VLYPO) Short Interest Update

Valley National Bancorp (NASDAQ:VLYPO) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 2,300 shares, adeclineof60.3% from the July 15th total of 5,800 shares. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is presently 0.3 days.

Valley National Bancorp Stock Down 0.2%

Shares of NASDAQ:VLYPO opened at $25.05 on Friday. Valley National Bancorp has a fifty-two week low of $22.73 and a fifty-two week high of $26.01. The business has a 50-day moving average of $24.92 and a two-hundred day moving average of $24.86.

Valley National Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $0.5197 dividend. This is a positive change from Valley National Bancorp’s previous quarterly dividend of $0.51. This represents a $2.08 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Monday, September 15th.

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.