American Business Bank (OTCMKTS:AMBZ - Get Free Report) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 100 shares, a decline of 50.0% from the April 30th total of 200 shares. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 21,400 shares, the days-to-cover ratio is currently 0.0 days.
American Business Bank Price Performance
Shares of AMBZ stock traded up $0.11 on Friday, reaching $42.49. 3,149 shares of the stock were exchanged, compared to its average volume of 8,182. The stock has a market cap of $382.33 million, a PE ratio of 9.16 and a beta of 0.41. American Business Bank has a one year low of $29.75 and a one year high of $46.99. The stock has a 50 day moving average price of $42.58 and a 200 day moving average price of $43.70.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The financial services provider reported $1.27 EPS for the quarter. The company had revenue of $36.33 million during the quarter.
American Business Bank Dividend Announcement
The business also recently disclosed a dividend, which will be paid on Tuesday, June 17th. Investors of record on Thursday, May 8th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, May 7th. This represents a yield of 2.33%. American Business Bank's dividend payout ratio is presently 20.92%.
American Business Bank Company Profile
(
Get Free Report)
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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