American Business Bank (OTCMKTS:AMBZ – Get Free Report) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 111 shares, an increase of ∞ from the July 30th total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,155 shares, the days-to-cover ratio is currently 0.0 days.
American Business Bank Price Performance
Shares of OTCMKTS AMBZ opened at $72.80 on Monday. American Business Bank has a 1-year low of $52.28 and a 1-year high of $73.77. The company has a market capitalization of $646.46 million, a price-to-earnings ratio of 10.91 and a beta of 0.26. The business has a 50-day moving average of $72.87 and a 200-day moving average of $72.04.
American Business Bank (OTCMKTS:AMBZ – Get Free Report) last announced its earnings results on Thursday, July 23rd. The financial services provider reported $1.87 EPS for the quarter. The company had revenue of $43.94 million for the quarter.
About American Business Bank
American Business Bank (OTCMKTS:AMBZ) is a Southern California–based commercial bank that provides a broad range of financial services to small and mid-sized businesses. Headquartered in Irvine, California, the bank focuses on building long-term relationships with clients in industries such as real estate development, professional services, healthcare, technology, and manufacturing. Its regional footprint includes full-service offices across Los Angeles, Orange County, the Inland Empire, North County San Diego, and the Coachella Valley.
The bank’s core offerings encompass commercial real estate financing, construction and land development loans, equipment and vehicle financing, and working capital lines of credit.
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