Valley National Bancorp (NASDAQ:VLYPP) Short Interest Down 39.1% in January

Valley National Bancorp (NASDAQ:VLYPP) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 7,882 shares, a decrease of 39.1% from the December 31st total of 12,934 shares. Based on an average trading volume of 4,093 shares, the short-interest ratio is presently 1.9 days. Based on an average trading volume of 4,093 shares, the short-interest ratio is presently 1.9 days.

Valley National Bancorp Trading Down 0.2%

Valley National Bancorp stock opened at $25.20 on Friday. Valley National Bancorp has a 12-month low of $21.71 and a 12-month high of $26.11. The firm has a 50 day simple moving average of $25.29 and a 200-day simple moving average of $25.34.

Valley National Bancorp Company Profile

Valley National Bancorp (NASDAQ: VLYPP) is a bank holding company headquartered in Wayne, New Jersey, whose principal subsidiary, Valley Bank, delivers a full spectrum of financial services. Founded in 1927 as The Bank of Passaic County, the company has grown through strategic acquisitions and organic expansion to become a regional banking franchise. Valley National Bancorp provides commercial and consumer banking services, with offerings that include deposit accounts, business and agricultural lending, residential real estate financing, and treasury management solutions.

In addition to core lending and deposit-taking activities, Valley National Bancorp operates specialized businesses covering mortgage banking, wealth management, and insurance services.