American Business Bank (OTCMKTS:AMBZ) Sees Significant Increase in Short Interest

American Business Bank (OTCMKTS:AMBZGet Free Report) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the October 31st total of 100 shares. Based on an average daily volume of 26,000 shares, the days-to-cover ratio is currently 0.0 days.

American Business Bank Stock Performance

Shares of AMBZ stock traded up $0.01 on Friday, reaching $44.50. The stock had a trading volume of 1,767 shares, compared to its average volume of 10,319. The stock has a market cap of $404.95 million, a P/E ratio of 9.80 and a beta of 0.70. American Business Bank has a 1 year low of $29.75 and a 1 year high of $44.50. The company has a 50 day simple moving average of $40.19 and a 200 day simple moving average of $35.94.

American Business Bank (OTCMKTS:AMBZGet Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $1.16 earnings per share for the quarter. The business had revenue of $33.28 million during the quarter.

American Business Bank Company Profile

(Get Free Report)

American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.

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