American Bank Inc. (OTCMKTS:AMBK) Sees Large Increase in Short Interest

American Bank Inc. (OTCMKTS:AMBK) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 371 shares, an increase of ∞ from the June 15th total of 0 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 917 shares, the days-to-cover ratio is currently 0.4 days.

American Bank Trading Up 3.2%

OTCMKTS AMBK opened at $22.43 on Thursday. American Bank has a 12 month low of $15.25 and a 12 month high of $22.43. The stock has a 50-day simple moving average of $18.80 and a 200 day simple moving average of $18.07. The company has a market capitalization of $142.21 million, a PE ratio of 10.20 and a beta of -0.07.

American Bank (OTCMKTS:AMBK) last issued its earnings results on Thursday, July 9th. The company reported $0.52 earnings per share (EPS) for the quarter. The company had revenue of $8.66 million for the quarter.

American Bank Company Profile

American Bank (OTCMKTS:AMBK) is a U.S. bank holding company that operates through its subsidiary, American Bank. As a community-oriented financial institution, it offers a broad range of commercial and consumer banking products, including deposit accounts, business and personal loans, mortgage financing, and treasury management services.

Serving individual customers, small to mid-sized businesses and nonprofit organizations, American Bank delivers its products through a network of branch locations complemented by digital banking platforms.