Valley National Bancorp (NASDAQ:VLYPO) Short Interest Update

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

Valley National Bancorp Trading Down 0.1%

Shares of VLYPO opened at $25.07 on Wednesday. The business’s fifty day moving average price is $25.18 and its two-hundred day moving average price is $25.14. Valley National Bancorp has a 52 week low of $22.73 and a 52 week high of $25.74.

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.