American Business Bank (OTCMKTS:AMBZ – Get Free Report) saw a significant increase in short interest in 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 trading volume, of 27,300 shares, the short-interest ratio is presently 0.0 days.
American Business Bank Price Performance
Shares of AMBZ stock traded up $0.30 during trading on Friday, reaching $46.00. The company had a trading volume of 2,747 shares, compared to its average volume of 9,225. The firm’s 50 day simple moving average is $43.82 and its two-hundred day simple moving average is $39.88. American Business Bank has a one year low of $29.75 and a one year high of $46.13. The company has a market capitalization of $418.60 million, a PE ratio of 9.91 and a beta of 0.72.
American Business Bank (OTCMKTS:AMBZ – Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.33 earnings per share (EPS) for the quarter.
About American Business Bank
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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