Short Interest in Mission Valley Bancorp (OTCMKTS:MVLY) Expands By 730.0%

Mission Valley Bancorp (OTCMKTS:MVLY) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 83 shares, an increase of 730.0% from the May 31st total of 10 shares. Based on an average trading volume of 1,119 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Mission Valley Bancorp Stock Performance

Shares of MVLY opened at $19.65 on Friday. Mission Valley Bancorp has a one year low of $15.01 and a one year high of $20.10. The stock has a 50-day moving average price of $18.93 and a 200 day moving average price of $18.28. The company has a market capitalization of $65.83 million, a P/E ratio of 9.23 and a beta of 0.16.

Mission Valley Bancorp (OTCMKTS:MVLY) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $9.80 million for the quarter.

About Mission Valley Bancorp

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.