Could Ohio Valley Banc Corporation (NASDAQ:OVBC) See a Reversal After Less Sellers Came In?

February 17, 2018 - By Vivian Park

 Could Ohio Valley Banc Corporation (NASDAQ:OVBC) See a Reversal After Less Sellers Came In?

Investors sentiment decreased to 1.56 in 2017 Q3. Its down 7.77, from 9.33 in 2017Q2. It worsened, as 3 investors sold Ohio Valley Banc Corp. shares while 6 reduced holdings. 3 funds opened positions while 11 raised stakes. 644,472 shares or 47.93% less from 1.24 million shares in 2017Q2 were reported.
Legal And General Public Limited Co has 0% invested in Ohio Valley Banc Corp. (NASDAQ:OVBC) for 570 shares. has 2,737 shares. Wesbanco Commercial Bank holds 97,711 shares or 0.19% of its portfolio. Schwab Charles Invest Mgmt holds 7,400 shares or 0% of its portfolio. Assetmark stated it has 0% in Ohio Valley Banc Corp. (NASDAQ:OVBC). Northern Trust Corp has invested 0% in Ohio Valley Banc Corp. (NASDAQ:OVBC). Bridgeway Cap Mngmt Incorporated accumulated 0.01% or 25,900 shares. 6,526 were accumulated by Wells Fargo & Mn. Royal Bancorp Of Canada holds 0% in Ohio Valley Banc Corp. (NASDAQ:OVBC) or 276 shares. Morgan Stanley reported 0% in Ohio Valley Banc Corp. (NASDAQ:OVBC). Manufacturers Life Ins Com The reported 4,657 shares or 0% of all its holdings. Ameritas Investment Prtn holds 358 shares. Renaissance Techs Lc holds 0% or 31,700 shares. Geode Cap Mgmt Ltd Llc stated it has 25,350 shares. Federated Incorporated Pa invested in 0% or 156 shares.

The stock of Ohio Valley Banc Corporation (NASDAQ:OVBC) registered a decrease of 0.06% in short interest. OVBC’s total short interest was 180,800 shares in February as published by FINRA. Its down 0.06% from 180,900 shares, reported previously. With 4,000 shares average volume, it will take short sellers 45 days to cover their OVBC’s short positions. The short interest to Ohio Valley Banc Corporation’s float is 4.79%.

The stock increased 3.56% or $1.45 during the last trading session, reaching $42.15. About 11,125 shares traded or 111.86% up from the average. Ohio Valley Banc Corp. (NASDAQ:OVBC) has risen 53.39% since February 17, 2017 and is uptrending. It has outperformed by 36.69% the S&P500.

Ohio Valley Banc Corp. operates as the bank holding firm for The Ohio Valley Bank Company that provides commercial and consumer banking services and products. The company has market cap of $198.20 million. The firm operates through two divisions, Banking and Consumer Finance. It has a 26.29 P/E ratio. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit.

More notable recent Ohio Valley Banc Corp. (NASDAQ:OVBC) news were published by: Streetinsider.com which released: “Ohio Valley Banc Corp (OVBC) Declares $0.21 Quarterly Dividend; 2.2% Yield” on December 05, 2017, also Marketwatch.com with their article: “Ohio Valley Banc Corp.” published on May 01, 2017, Nasdaq.com published: “Ohio Valley Banc Corp. (OVBC) Ex-Dividend Date Scheduled for January 25, 2018” on January 24, 2018. More interesting news about Ohio Valley Banc Corp. (NASDAQ:OVBC) were released by: Prnewswire.com and their article: “Ohio Valley Banc Corp. Completes Acquisition Of Milton Bancorp, Inc.” published on August 05, 2016 as well as Prnewswire.com‘s news article titled: “Ohio Valley Banc Corp. Reports 4th Quarter and Fiscal Year Earnings” with publication date: January 30, 2018.

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