American Business Bank (OTCMKTS:AMBZ - Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 300 shares, an increase of 200.0% from the September 30th total of 100 shares. Based on an average trading volume of 9,400 shares, the days-to-cover ratio is presently 0.0 days.
American Business Bank Trading Down 0.0 %
Shares of American Business Bank stock traded down $0.01 on Friday, hitting $38.98. The stock had a trading volume of 5,645 shares, compared to its average volume of 6,842. American Business Bank has a 52-week low of $26.11 and a 52-week high of $39.54. The stock has a market cap of $354.02 million, a price-to-earnings ratio of 8.72 and a beta of 0.71. The company's 50 day moving average price is $37.15 and its 200 day moving average price is $34.47.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last posted its earnings results on Monday, July 29th. The financial services provider reported $1.02 earnings per share for the quarter. The firm had revenue of $30.73 million during the quarter.
American Business Bank Company Profile
(
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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.
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