Mission Valley Bancorp (OTCMKTS:MVLY) Sees Large Increase in Short Interest

Mission Valley Bancorp (OTCMKTS:MVLY) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 313 shares, a growth of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 2,994 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Mission Valley Bancorp Price Performance

OTCMKTS:MVLY opened at $22.47 on Friday. The business’s 50-day moving average price is $20.51 and its 200 day moving average price is $19.09. Mission Valley Bancorp has a 52-week low of $15.35 and a 52-week high of $22.56. The firm has a market cap of $75.30 million, a P/E ratio of 9.77 and a beta of 0.14.

Mission Valley Bancorp (OTCMKTS:MVLY) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.54 earnings per share for the quarter. The business had revenue of $10.70 million during the quarter.

Mission Valley Bancorp Company Profile

Mission Valley Bancorp is the bank holding company for Mission Valley Bank, a state-chartered community bank headquartered in California. As a financial services organization, it operates under regulatory oversight as an OTC-listed entity, offering a range of banking solutions tailored to the needs of local consumers and businesses.

The company’s core activities include accepting deposits through checking, savings and money market accounts, as well as providing various loan products such as commercial real estate financing, small business loans, residential mortgages and consumer lines of credit.