Short Interest in AmBase Corp. (OTCMKTS:ABCP) Grows By 85.3%

AmBase Corp. (OTCMKTS:ABCP) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 20,388 shares, a growth of 85.3% from the January 15th total of 11,000 shares. Based on an average daily volume of 22,342 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 22,342 shares, the short-interest ratio is currently 0.9 days.

AmBase Price Performance

OTCMKTS:ABCP opened at $0.18 on Friday. The company has a market capitalization of $15.29 million, a PE ratio of -3.60 and a beta of 0.65. AmBase has a 52-week low of $0.17 and a 52-week high of $0.35. The stock’s 50 day moving average price is $0.20 and its 200 day moving average price is $0.25.

AmBase Company Profile

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.