AmBase Co. (OTCMKTS:ABCP) Sees Large Decrease in Short Interest

AmBase Co. (OTCMKTS:ABCPGet Free Report) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 11,000 shares, a decrease of 8.3% from the March 31st total of 12,000 shares. Based on an average daily volume of 132,800 shares, the days-to-cover ratio is presently 0.1 days.

AmBase Trading Up 2.0 %

Shares of ABCP stock opened at $0.21 on Monday. The company has a market capitalization of $8.78 million, a PE ratio of -1.74 and a beta of 0.57. The firm has a fifty day simple moving average of $0.21 and a 200-day simple moving average of $0.18. AmBase has a twelve month low of $0.07 and a twelve month high of $0.40.

AmBase (OTCMKTS:ABCPGet Free Report) last posted its quarterly earnings results on Monday, March 18th. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter.

AmBase Company Profile

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AmBase Corporation does not have significant operations. Previously, it invested in a real estate development property. The company was incorporated in 1975 and is headquartered in Coral Springs, Florida.

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