AmBase Corp. (OTCMKTS:ABCP) Short Interest Update

AmBase Corp. (OTCMKTS:ABCP) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 14,478 shares, a decrease of 29.0% from the January 29th total of 20,388 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 20,992 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 20,992 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the company’s shares are sold short.

AmBase Trading Down 1.8%

Shares of ABCP opened at $0.19 on Monday. AmBase has a 12-month low of $0.17 and a 12-month high of $0.35. The firm has a market capitalization of $16.27 million, a P/E ratio of -3.83 and a beta of 0.65. The firm has a 50-day moving average price of $0.20 and a 200 day moving average price of $0.24.

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.