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

Mission Valley Bancorp (OTCMKTS:MVLY) saw 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 company’s shares are sold short.

Mission Valley Bancorp Price Performance

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

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