Short Interest in Valley National Bancorp (NASDAQ:VLYPO) Expands By 25.2%

Valley National Bancorp (NASDAQ:VLYPO) saw a large 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 volume of 4,943 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 4,943 shares, the short-interest ratio is presently 0.3 days.

Valley National Bancorp Price Performance

VLYPO stock opened at $25.16 on Wednesday. Valley National Bancorp has a one year low of $22.73 and a one year high of $25.74. The company’s fifty day moving average price is $25.14 and its 200-day moving average price is $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.