Valley National Bancorp (NASDAQ:VLYPO) Sees Significant Growth in Short Interest

Valley National Bancorp (NASDAQ:VLYPO) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 1,384 shares, an increase of 25.2% from the January 15th total of 1,105 shares. Based on an average daily trading volume, of 4,943 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 4,943 shares, the short-interest ratio is presently 0.3 days.

Valley National Bancorp Price Performance

Shares of VLYPO stock traded up $0.09 on Tuesday, hitting $25.16. The stock had a trading volume of 7,420 shares, compared to its average volume of 7,001. Valley National Bancorp has a twelve month low of $22.73 and a twelve month high of $25.74. The company has a fifty day moving average price of $25.14 and a two-hundred day moving average price of $25.15.

About Valley National Bancorp

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.