AmBase Co. (OTCMKTS:ABCP – Get Free Report) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 12,000 shares, a growth of 9.1% from the March 15th total of 11,000 shares. Based on an average daily trading volume, of 331,900 shares, the days-to-cover ratio is currently 0.0 days.
AmBase Stock Performance
Shares of ABCP opened at $0.21 on Wednesday. The firm has a market capitalization of $8.75 million, a P/E ratio of -1.74 and a beta of 0.57. The stock’s fifty day simple moving average is $0.20 and its 200 day simple moving average is $0.17. AmBase has a twelve month low of $0.07 and a twelve month high of $0.40.
AmBase (OTCMKTS:ABCP – Get Free Report) last released its quarterly earnings data on Monday, March 18th. The financial services provider reported ($0.03) EPS for the quarter.
About AmBase
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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