Mission Valley Bancorp (OTCMKTS:MVLY) Sees Significant Decrease in Short Interest

Mission Valley Bancorp (OTCMKTS:MVLY) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 97 shares, a decline of 51.5% from the October 15th total of 200 shares. Based on an average daily volume of 164 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

Mission Valley Bancorp Price Performance

MVLY stock traded up $0.03 during midday trading on Friday, reaching $21.40. The company had a trading volume of 147 shares, compared to its average volume of 1,148. The firm has a 50-day moving average price of $21.54 and a 200-day moving average price of $19.94. The company has a market capitalization of $71.69 million, a P/E ratio of 10.49 and a beta of 0.15. Mission Valley Bancorp has a 1 year low of $16.45 and a 1 year high of $22.56.

Mission Valley Bancorp (OTCMKTS:MVLY) last posted its quarterly earnings data on Friday, October 30th. The company reported $0.36 earnings per share for the quarter. The company had revenue of $10.70 million for the quarter.

About Mission Valley Bancorp

Mission Valley Bancorp is the bank holding company for Mission Valley Bank, a community business bank headquartered in Sun Valley, California. The bank focuses on serving businesses, professionals and individuals in the San Fernando Valley and surrounding Southern California communities. Its services include business and commercial banking, deposit accounts, commercial lending, and cash-management and treasury services. The bank also provides financing for small businesses and commercial real estate.