American Business Bank (OTCMKTS:AMBZ) Short Interest Up 100.0% in May

American Business Bank (OTCMKTS:AMBZGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 200 shares, a growth of 100.0% from the April 30th total of 100 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is currently 0.0 days.

American Business Bank Trading Down 0.5 %

Shares of AMBZ stock traded down $0.15 during trading hours on Thursday, hitting $32.34. The company’s stock had a trading volume of 600 shares, compared to its average volume of 6,087. The business has a fifty day moving average of $34.20 and a 200-day moving average of $34.96. The stock has a market cap of $293.65 million, a price-to-earnings ratio of 7.23 and a beta of 0.70. American Business Bank has a twelve month low of $25.43 and a twelve month high of $39.54.

American Business Bank (OTCMKTS:AMBZGet Free Report) last released its quarterly earnings results on Tuesday, April 30th. The financial services provider reported $1.13 EPS for the quarter. The business had revenue of $31.53 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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