American Business Bank (OTCMKTS:AMBZ) Short Interest Update

American Business Bank (OTCMKTS:AMBZ) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 161 shares, an increase of 16,000.0% from the June 15th total of 1 shares. Based on an average daily trading volume, of 5,980 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

American Business Bank Stock Performance

AMBZ remained flat at $72.85 during trading hours on Friday. 22,375 shares of the company traded hands, compared to its average volume of 3,642. The stock’s 50-day moving average price is $72.51 and its 200 day moving average price is $70.23. American Business Bank has a 1 year low of $46.03 and a 1 year high of $73.64. The stock has a market cap of $646.33 million, a price-to-earnings ratio of 11.53 and a beta of 0.25.

American Business Bank (OTCMKTS:AMBZ) last announced its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $1.84 earnings per share for the quarter. The company had revenue of $42.96 million for the quarter.

American Business Bank Company Profile

American Business Bank (OTCMKTS:AMBZ) is a Southern California–based commercial bank that provides a broad range of financial services to small and mid-sized businesses. Headquartered in Irvine, California, the bank focuses on building long-term relationships with clients in industries such as real estate development, professional services, healthcare, technology, and manufacturing. Its regional footprint includes full-service offices across Los Angeles, Orange County, the Inland Empire, North County San Diego, and the Coachella Valley.

The bank’s core offerings encompass commercial real estate financing, construction and land development loans, equipment and vehicle financing, and working capital lines of credit.