Short interest in Valley National Bancorp (NASDAQ:VLY) increased during the last reporting period, rising from 42.16M to 45.58M. This put 12.49% of the company's publicly available shares short.
Short interest for Valley Ntl gives investors a sense of the degree to which investors are betting on the decline of Valley Ntl's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 8.52M shares traded per day, it would take 5.35 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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