American Business Bank (OTCMKTS:AMBZ) Short Interest Update

American Business Bank (OTCMKTS:AMBZ) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 3,400 shares, a growth of 3,300.0% from the May 15th total of 100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is currently 0.3 days.

American Business Bank Trading Up 0.2%

OTCMKTS:AMBZ opened at $42.68 on Friday. The company has a market capitalization of $383.44 million, a P/E ratio of 9.20 and a beta of 0.42. American Business Bank has a 12 month low of $29.75 and a 12 month high of $46.99. The firm has a fifty day simple moving average of $42.32 and a 200-day simple moving average of $43.62.

American Business Bank (OTCMKTS:AMBZ) last issued its quarterly earnings results on Monday, April 28th. The financial services provider reported $1.27 EPS for the quarter. The firm had revenue of $36.33 million for the quarter.

American Business Bank Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, June 17th. Investors of record on Thursday, May 8th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, May 7th. This represents a yield of 2.33%. American Business Bank’s dividend payout ratio (DPR) is presently 20.92%.

American Business Bank Company Profile

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.