American Business Bank (OTCMKTS:AMBZ) Short Interest Update

American Business Bank (OTCMKTS:AMBZ) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 600 shares, an increase of 200.0% from the December 31st total of 200 shares. Based on an average daily volume of 27,300 shares, the days-to-cover ratio is currently 0.0 days.

American Business Bank Stock Performance

Shares of OTCMKTS AMBZ traded up $0.30 during trading on Friday, hitting $46.00. The company had a trading volume of 2,747 shares, compared to its average volume of 9,225. American Business Bank has a 52 week low of $29.75 and a 52 week high of $46.13. The business’s 50-day moving average is $43.82 and its 200 day moving average is $39.88. The company has a market cap of $418.60 million, a P/E ratio of 9.91 and a beta of 0.72.

American Business Bank (OTCMKTS:AMBZ) last issued its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.33 earnings per share for the quarter.

American Business Bank Company Profile

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.