Oak Valley Bancorp (NASDAQ:OVLY) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 44,500 shares, a decrease of 13.8% from the January 15th total of 51,600 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average trading volume of 7,200 shares, the short-interest ratio is currently 6.2 days.

In related news, Director H Randolph Holder, Jr. acquired 2,000 shares of the firm’s stock in a transaction on Thursday, February 13th. The stock was bought at an average price of $17.98 per share, for a total transaction of $35,960.00. Corporate insiders own 17.36% of the company’s stock.

Several large investors have recently made changes to their positions in the company. BlackRock Inc. raised its holdings in shares of Oak Valley Bancorp by 0.9% in the second quarter. BlackRock Inc. now owns 316,199 shares of the financial services provider’s stock valued at $6,181,000 after buying an additional 2,942 shares during the last quarter. Vanguard Group Inc. raised its holdings in Oak Valley Bancorp by 1.7% during the second quarter. Vanguard Group Inc. now owns 174,282 shares of the financial services provider’s stock worth $3,407,000 after purchasing an additional 2,904 shares in the last quarter. State Street Corp raised its holdings in Oak Valley Bancorp by 4.0% during the fourth quarter. State Street Corp now owns 112,375 shares of the financial services provider’s stock worth $2,187,000 after purchasing an additional 4,366 shares in the last quarter. Northern Trust Corp raised its holdings in Oak Valley Bancorp by 4.0% during the second quarter. Northern Trust Corp now owns 67,109 shares of the financial services provider’s stock worth $1,312,000 after purchasing an additional 2,560 shares in the last quarter. Finally, Fourthstone LLC purchased a new position in Oak Valley Bancorp during the fourth quarter worth about $608,000. 20.66% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:OVLY traded up $0.08 on Friday, reaching $17.54. The company’s stock had a trading volume of 8,704 shares, compared to its average volume of 6,403. The stock’s 50-day moving average is $18.75 and its two-hundred day moving average is $17.80. Oak Valley Bancorp has a 52-week low of $15.60 and a 52-week high of $19.95. The stock has a market capitalization of $144.02 million, a P/E ratio of 11.39 and a beta of 0.54.

Oak Valley Bancorp (NASDAQ:OVLY) last announced its earnings results on Thursday, January 23rd. The financial services provider reported $0.39 EPS for the quarter. Oak Valley Bancorp had a net margin of 25.79% and a return on equity of 11.78%. The business had revenue of $11.60 million during the quarter.

The firm also recently announced a semi-annual dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be issued a $0.14 dividend. This represents a dividend yield of 1.5%. This is a boost from Oak Valley Bancorp’s previous semi-annual dividend of $0.12. The ex-dividend date is Friday, January 31st.

About Oak Valley Bancorp

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.

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