Valley National Bancorp (NASDAQ:VLYPO) Short Interest Update

Valley National Bancorp (NASDAQ:VLYPO) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 1,105 shares, a decline of 67.8% from the December 31st total of 3,428 shares. Based on an average daily volume of 5,409 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 5,409 shares, the days-to-cover ratio is currently 0.2 days.

Valley National Bancorp Stock Performance

Shares of VLYPO traded up $0.13 during mid-day trading on Friday, reaching $25.18. The company had a trading volume of 2,087 shares, compared to its average volume of 5,183. Valley National Bancorp has a 52 week low of $22.73 and a 52 week high of $25.74. The firm has a 50-day moving average price of $25.19 and a 200 day moving average price of $25.14.

Valley National Bancorp Company Profile

Valley National Bancorp is a bank holding company headquartered in Wayne, New Jersey, operating through its primary subsidiary, Valley National Bank. The company provides a full range of commercial and consumer banking services, including deposit accounts, lending products, and treasury management. Valley National Bancorp also offers mortgage origination, residential mortgage servicing, wealth management, insurance, and trust services to individuals, small businesses, and middle-market companies.

In its commercial banking segment, Valley National Bancorp serves clients with business checking and savings accounts, commercial and industrial loans, equipment leasing and financing, and treasury management solutions.