American Business Bank (OTCMKTS:AMBZ) Short Interest Update

American Business Bank (OTCMKTS:AMBZ) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 1 shares, a decline of 99.4% from the June 30th total of 161 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 7,311 shares, the days-to-cover ratio is presently 0.0 days.

American Business Bank Stock Performance

Shares of AMBZ remained flat at $72.80 during mid-day trading on Friday. 5,161 shares of the stock traded hands, compared to its average volume of 9,655. The company has a market capitalization of $646.46 million, a P/E ratio of 11.52 and a beta of 0.25. American Business Bank has a 1-year low of $47.60 and a 1-year high of $73.77. The company has a fifty day moving average of $72.67 and a 200-day moving average of $70.83.

American Business Bank (OTCMKTS:AMBZ) last posted its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $1.87 EPS for the quarter. The business had revenue of $43.94 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.