American Business Bank (OTCMKTS:AMBZ - Get Free Report) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decline of 66.7% from the March 31st total of 300 shares. Based on an average daily volume of 12,900 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's shares are sold short.
American Business Bank Trading Up 0.3 %
Shares of OTCMKTS AMBZ traded up $0.12 on Thursday, reaching $42.87. 100 shares of the company traded hands, compared to its average volume of 7,867. The stock has a market capitalization of $387.59 million, a PE ratio of 9.24 and a beta of 0.47. American Business Bank has a fifty-two week low of $29.75 and a fifty-two week high of $46.99. The company has a 50 day moving average of $43.26 and a 200 day moving average of $43.31.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last released its earnings results on Monday, April 28th. The financial services provider reported $1.27 earnings per share (EPS) for the quarter. The company had revenue of $36.33 million during the quarter.
American Business Bank Dividend Announcement
The company also recently announced a dividend, which will be paid on Tuesday, June 17th. Investors of record on Thursday, May 8th will be given a $0.25 dividend. This represents a dividend yield of 2.33%. The ex-dividend date of this dividend is Wednesday, May 7th. American Business Bank's dividend payout ratio (DPR) is currently 21.55%.
About American Business Bank
(
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American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.
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