American Business Bank (OTCMKTS:AMBZ) Short Interest Update

American Business Bank (OTCMKTS:AMBZ) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 91 shares, a drop of 81.0% from the December 31st total of 479 shares. Based on an average daily volume of 57,083 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 57,083 shares, the days-to-cover ratio is presently 0.0 days.

American Business Bank Price Performance

Shares of AMBZ opened at $68.75 on Thursday. The business’s 50-day moving average price is $63.16 and its 200-day moving average price is $56.65. American Business Bank has a twelve month low of $40.03 and a twelve month high of $70.00. The stock has a market cap of $610.50 million, a PE ratio of 12.32 and a beta of 0.31.

American Business Bank (OTCMKTS:AMBZ) last released its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $1.87 EPS for the quarter. The firm had revenue of $44.70 million during the quarter.

American Business Bank Company Profile

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.