Short Interest in American Business Bank (OTCMKTS:AMBZ) Increases By ∞

American Business Bank (OTCMKTS:AMBZ) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 1 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily volume of 19,942 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

American Business Bank Stock Up 0.1%

Shares of AMBZ opened at $72.99 on Tuesday. The business’s 50 day moving average price is $72.22 and its 200-day moving average price is $68.85. American Business Bank has a 52 week low of $42.10 and a 52 week high of $73.64. The stock has a market cap of $648.88 million, a P/E ratio of 11.55 and a beta of 0.25.

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

About American Business Bank

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.