American Business Bank (OTCMKTS:AMBZ) Short Interest Update

American Business Bank (OTCMKTS:AMBZ) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decrease of 66.7% from the October 15th total of 300 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is presently 0.0 days.

American Business Bank Stock Performance

OTCMKTS AMBZ traded up $0.79 on Tuesday, reaching $42.89. 13,300 shares of the company’s stock traded hands, compared to its average volume of 8,337. American Business Bank has a fifty-two week low of $26.11 and a fifty-two week high of $42.89. The stock has a 50 day moving average price of $38.00 and a 200-day moving average price of $34.97. The firm has a market cap of $390.30 million, a price-to-earnings ratio of 9.45 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 firm had revenue of $33.28 million during 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.