American Business Bank (OTCMKTS:AMBZ) Short Interest Up 1,000.0% in November

American Business Bank (OTCMKTS:AMBZ) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the October 31st total of 100 shares. Based on an average trading volume of 26,000 shares, the short-interest ratio is currently 0.0 days.

American Business Bank Stock Performance

OTCMKTS:AMBZ traded up $0.01 during mid-day trading on Friday, hitting $44.50. The stock had a trading volume of 1,767 shares, compared to its average volume of 10,319. American Business Bank has a twelve month low of $29.75 and a twelve month high of $44.50. The stock has a market cap of $404.95 million, a price-to-earnings ratio of 9.80 and a beta of 0.70. The company’s 50 day simple moving average is $40.19 and its 200 day simple moving average is $35.94.

American Business Bank (OTCMKTS:AMBZ) last posted its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $1.16 earnings per share (EPS) for the quarter. The business had revenue of $33.28 million 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.