Valley National Bancorp (NASDAQ:VLYPO – Get Free Report) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 500 shares, a decrease of 78.3% from the February 13th total of 2,300 shares. Based on an average daily volume of 6,400 shares, the days-to-cover ratio is currently 0.1 days.
Valley National Bancorp Trading Up 0.0 %
Shares of Valley National Bancorp stock opened at $25.36 on Thursday. Valley National Bancorp has a 12-month low of $21.80 and a 12-month high of $26.01. The firm’s 50-day moving average price is $25.19 and its two-hundred day moving average price is $25.17.
Valley National Bancorp Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.5162 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.06 annualized dividend and a dividend yield of 8.14%.
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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