American Business Bank (OTCMKTS:AMBZ) Short Interest Down 81.0% in January

American Business Bank (OTCMKTS:AMBZGet Free Report) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 91 shares, a decrease of 81.0% from the December 31st total of 479 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 57,083 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 57,083 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

American Business Bank Stock Up 6.6%

OTCMKTS:AMBZ opened at $68.75 on Wednesday. American Business Bank has a 52 week low of $40.03 and a 52 week high of $70.00. The stock’s fifty day moving average is $62.96 and its two-hundred day moving average is $56.56. The company has a market capitalization of $610.50 million, a P/E ratio of 12.32 and a beta of 0.31.

American Business Bank (OTCMKTS:AMBZGet Free Report) last released its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $1.87 earnings per share for the quarter.

About American Business Bank

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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.

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