Oak Valley Bancorp (NASDAQ:OVLY) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 104,100 shares, a decrease of 9.2% from the June 15th total of 114,600 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average trading volume of 5,000 shares, the short-interest ratio is currently 20.8 days.

NASDAQ OVLY traded down $0.12 during trading hours on Tuesday, reaching $18.79. 3,413 shares of the company’s stock were exchanged, compared to its average volume of 6,612. The company has a market cap of $156.72 million, a PE ratio of 12.64 and a beta of 0.43. Oak Valley Bancorp has a one year low of $16.39 and a one year high of $22.63. The business’s fifty day simple moving average is $19.23.

Oak Valley Bancorp (NASDAQ:OVLY) last posted its quarterly earnings data on Wednesday, July 17th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter. Oak Valley Bancorp had a return on equity of 12.34% and a net margin of 25.76%. The firm had revenue of $11.37 million for the quarter.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, August 9th. Shareholders of record on Monday, July 29th will be issued a dividend of $0.135 per share. This is an increase from Oak Valley Bancorp’s previous Semi-Annual dividend of $0.12. The ex-dividend date of this dividend is Friday, July 26th.

A number of large investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA lifted its holdings in Oak Valley Bancorp by 560.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 1,467 shares of the financial services provider’s stock worth $26,000 after buying an additional 1,245 shares in the last quarter. Bank of America Corp DE lifted its holdings in Oak Valley Bancorp by 22.1% during the 4th quarter. Bank of America Corp DE now owns 5,909 shares of the financial services provider’s stock worth $107,000 after buying an additional 1,069 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Oak Valley Bancorp by 14.1% during the 4th quarter. Geode Capital Management LLC now owns 29,369 shares of the financial services provider’s stock worth $537,000 after buying an additional 3,628 shares in the last quarter. Dimensional Fund Advisors LP acquired a new position in Oak Valley Bancorp during the 4th quarter worth $288,000. Finally, Northern Trust Corp lifted its holdings in Oak Valley Bancorp by 5.6% during the 4th quarter. Northern Trust Corp now owns 63,350 shares of the financial services provider’s stock worth $1,160,000 after buying an additional 3,363 shares in the last quarter. 20.52% of the stock is currently owned by hedge funds and other institutional investors.

Oak Valley Bancorp Company Profile

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides banking products and services to individuals and small and medium sized businesses in Oakdale, California, and surrounding areas. The company accepts various deposits products, such as checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit.

Read More: Inflation

Receive News & Ratings for Oak Valley Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oak Valley Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.