AmBase Corp. (OTCMKTS:ABCP – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 17,700 shares, a growth of 60.9% from the September 15th total of 11,000 shares. Based on an average daily trading volume, of 32,200 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 32,200 shares, the days-to-cover ratio is presently 0.5 days.
AmBase Stock Down 0.9%
Shares of AmBase stock opened at $0.29 on Wednesday. The stock’s fifty day simple moving average is $0.29 and its 200 day simple moving average is $0.30. AmBase has a 12 month low of $0.24 and a 12 month high of $0.37.
AmBase (OTCMKTS:ABCP – Get Free Report) last released its earnings results on Wednesday, August 13th. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter.
AmBase Company Profile
AmBase Corporation does not have significant operations. Previously, it invested in a real estate development property. The company was incorporated in 1975 and is headquartered in Coral Springs, Florida.
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