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

American Business Bank (OTCMKTS:AMBZ) was the recipient of a significant increase in short interest during the month of 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 short-interest ratio is presently 0.0 days.

American Business Bank Stock Up 0.3 %

Shares of AMBZ traded up $0.14 on Wednesday, hitting $44.49. The company’s stock had a trading volume of 1,659 shares, compared to its average volume of 10,733. American Business Bank has a fifty-two week low of $29.75 and a fifty-two week high of $44.49. The firm has a market capitalization of $404.86 million, a price-to-earnings ratio of 9.77 and a beta of 0.70. The firm’s fifty day moving average price is $39.88 and its 200-day moving average price is $35.82.

American Business Bank (OTCMKTS:AMBZ) last posted its quarterly 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.

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.