American Business Bank (OTCMKTS:AMBZ) Short Interest Update

American Business Bank (OTCMKTS:AMBZ) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,558 shares, an increase of 9,637.5% from the March 15th total of 16 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 5,858 shares, the short-interest ratio is presently 0.3 days.

American Business Bank Trading Up 0.1%

Shares of AMBZ opened at $72.53 on Friday. The firm has a market cap of $645.52 million, a PE ratio of 12.38 and a beta of 0.27. The firm has a fifty day simple moving average of $70.72 and a two-hundred day simple moving average of $63.90. American Business Bank has a 1-year low of $40.31 and a 1-year high of $72.53.

American Business Bank (OTCMKTS:AMBZ) last announced its earnings results on Tuesday, January 27th. The financial services provider reported $1.87 earnings per share for the quarter. The company had revenue of $44.70 million for the quarter.

American Business Bank Company Profile

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.