Short Interest in American Business Bank (OTCMKTS:AMBZ) Increases By 1,000.0%

American Business Bank (OTCMKTS:AMBZ) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the October 31st total of 100 shares. Based on an average daily trading volume, of 26,000 shares, the days-to-cover ratio is presently 0.0 days.

American Business Bank Trading Up 0.0 %

Shares of American Business Bank stock opened at $44.50 on Thursday. The business’s fifty day simple moving average is $39.88 and its 200 day simple moving average is $35.82. American Business Bank has a 12 month low of $29.75 and a 12 month high of $44.50. The firm has a market capitalization of $405.04 million, a P/E ratio of 9.80 and a beta of 0.70.

American Business Bank (OTCMKTS:AMBZ) last released its earnings results on Wednesday, October 30th. The financial services provider reported $1.16 EPS for the quarter. The business had revenue of $33.28 million 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.