American Business Bank (OTCMKTS:AMBZ) Short Interest Update

American Business Bank (OTCMKTS:AMBZ) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 709 shares, a growth of 679.1% from the January 15th total of 91 shares. Based on an average trading volume of 9,758 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 9,758 shares, the days-to-cover ratio is currently 0.1 days.

American Business Bank Stock Down 0.3%

AMBZ opened at $70.74 on Wednesday. The firm has a market cap of $628.16 million, a P/E ratio of 12.07 and a beta of 0.32. The business’s fifty day simple moving average is $64.95 and its 200 day simple moving average is $58.17. American Business Bank has a 52 week low of $40.03 and a 52 week high of $71.00.

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

About American Business Bank

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.