Short Interest in American Business Bank (OTCMKTS:AMBZ) Expands By 200.0%

American Business Bank (OTCMKTS:AMBZ - Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 600 shares, an increase of 200.0% from the December 31st total of 200 shares. Based on an average daily trading volume, of 27,300 shares, the short-interest ratio is currently 0.0 days.

American Business Bank Trading Up 0.7 %

Shares of American Business Bank stock traded up $0.30 during trading hours on Monday, hitting $46.00. 2,747 shares of the company were exchanged, compared to its average volume of 9,958. The business has a 50-day moving average of $43.82 and a 200-day moving average of $39.96. American Business Bank has a 1 year low of $29.75 and a 1 year high of $46.13. The stock has a market capitalization of $418.60 million, a price-to-earnings ratio of 9.91 and a beta of 0.72.

American Business Bank (OTCMKTS:AMBZ - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.33 earnings per share (EPS) 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.