American Business Bank (OTCMKTS:AMBZ – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 300 shares, a growth of 200.0% from the September 30th total of 100 shares. Based on an average daily volume of 9,400 shares, the short-interest ratio is currently 0.0 days.
American Business Bank Price Performance
Shares of American Business Bank stock opened at $38.98 on Friday. The company’s 50 day moving average price is $37.15 and its two-hundred day moving average price is $34.47. The firm has a market capitalization of $354.02 million, a P/E ratio of 8.72 and a beta of 0.71. American Business Bank has a fifty-two week low of $26.11 and a fifty-two week high of $39.54.
American Business Bank (OTCMKTS:AMBZ – Get Free Report) last posted its earnings results on Monday, July 29th. The financial services provider reported $1.02 EPS for the quarter. The firm had revenue of $30.73 million during 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.
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