Trading volume for Oak Valley Bancp CA was 382 in the last trading session. Shares saw a steep decrease in trading volume of 86.18% under the normal average daily volume.
Traders are a little more bullish on the company at least if you consider the change in short interest. The stock saw a fall in short interest between September 29, 2017 and October 13, 2017 of -36.76%. Short interest fell from 1,820 to 1,151 over that timeframe. The days to cover decreased to 0.0 and the short interest percentage is 0.00% as of October 13.
There has been some selling insider activity on Oak Valley Bancp CA (NASDAQ:OVLY) recently. Director Ronald C. Martin disclosed the sale of 600 shares. The shares were sold on August 30th for a price of $15.38. The Director now owns $3,223,602 of the stock according to the SEC filing.
A few notable investment firms have updated their holdings. Blackrock Inc. downsized its ownership by shedding 1,093 shares a decrease of 48.0%. Blackrock Inc. controls 1,186 shares valued at $16,000. The value of the position overall is down by 46.7%. As of quarter end Commonwealth Equity Services, Inc had sold a total of 1 shares trimming its position 0.0%. The value in dollars went from $212,000 to $223,000 a change of 5.2% quarter to quarter.
As of the end of the quarter Tower Research Capital LLC (trc) had disposed of 425 shares trimming its holdings by 51.3%. The value of the total investment in Oak Valley Bancp CA decreased from $11,000 to $6,000 decreasing 45.5% quarter over quarter. As of quarter end Mraz, Amerine & Associates, Inc. had sold a total of 3,525 shares trimming its stake by 13.5%. The value of the investment in OVLY went from $363,000 to $379,000 a change of $16,000 for the reporting period.
In the market the company is trading down by 1.70% percent from yesterday’s close. The company’s P/E ratio is 14.10 and the market value is 138.36M. In the last earnings report the EPS was $1.21 with 8.10M shares presently outstanding.
Oak Valley Bancorp, launched on April 1, 2008, is a bank holding company. The Company operates through its subsidiary, Oak Valley Community Bank (the Bank). The Bank operates in two primary business segments: Retail Banking and Commercial Banking. The Retail Banking segment offers a range of checking and savings accounts, including Negotiable Order of Withdrawal (NOW) accounts, money market accounts, overdraft protection, health savings accounts, certificates of deposit and Individual Retirement Accounts (IRA). The Retail Banking segment also offers real estate and home equity financing, as well as consumer, automobile and home improvement loans. The Commercial Banking segment offers a range of deposit and lending services to business customers. The Commercial Banking segment also offers various commercial loans for business, professional or agricultural needs. The commercial loans include loans for short-term working capital, operating lines of credit, equipment purchases, leasehold improvements, construction and commercial real estate acquisitions or refinancing. The Commercial Banking segment offers services to customers located in San Joaquin, Stanislaus, Tuolumne, Inyo and Mono Counties of California. The Bank offers business checking and savings accounts for its business customers..