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Short Bets on Oak Valley Bancorp Surge 42% in March
Short interest in Oak Valley Bancorp (NASDAQ: OVLY) saw a significant 41.8% increase during March, reaching 48,163 shares sold short as of March 13th. This rise suggests that some investors are betting against the California-based commercial bank’s stock performance. Despite the increased short selling activity, analysts generally maintain a “buy” recommendation on the stock.