American Business Bank (OTCMKTS:AMBZ) Short Interest Down 100.0% in April
by Renee Jackson · The Cerbat GemAmerican Business Bank (OTCMKTS:AMBZ – Get Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 1 shares, a decrease of 100.0% from the April 15th total of 3,489 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 27,599 shares, the short-interest ratio is presently 0.0 days.
American Business Bank Price Performance
AMBZ stock traded down $0.05 during mid-day trading on Monday, reaching $72.26. The company had a trading volume of 893 shares, compared to its average volume of 8,677. The company has a market capitalization of $642.39 million, a PE ratio of 11.43 and a beta of 0.25. The firm has a 50 day moving average of $71.26 and a 200 day moving average of $66.32. American Business Bank has a 12 month low of $42.10 and a 12 month high of $73.64.
American Business Bank (OTCMKTS:AMBZ – Get Free Report) last issued its earnings results on Tuesday, April 28th. The financial services provider reported $1.84 EPS for the quarter. The company had revenue of $42.96 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.