American Bank Incorporated (OTCMKTS:AMBK) Short Interest Update

American Bank Incorporated (OTCMKTS:AMBK) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 200 shares, an increase of 100.0% from the November 30th total of 100 shares. Based on an average trading volume of 1,900 shares, the days-to-cover ratio is presently 0.1 days.

American Bank Price Performance

Shares of AMBK stock traded up $0.02 on Friday, hitting $14.37. The stock had a trading volume of 948 shares, compared to its average volume of 1,254. The stock’s 50 day moving average is $14.54 and its 200-day moving average is $15.01. American Bank has a 52-week low of $14.07 and a 52-week high of $17.85.

American Bank Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Monday, December 16th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.56 annualized dividend and a dividend yield of 3.90%.

American Bank Company Profile

American Bank Incorporated operates as the bank holding company for American Bank that provides various banking products and services to consumer, business, institutional, and governmental customers. It accepts a range of interest-bearing checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts.