American Business Bank (OTCMKTS:AMBZ - Get Free Report) was the recipient of a large increase in short interest in May. As of May 31st, there was short interest totalling 3,400 shares, an increase of 3,300.0% from the May 15th total of 100 shares. Based on an average trading volume of 10,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company's shares are short sold.
American Business Bank Stock Down 0.2%
OTCMKTS AMBZ traded down $0.09 during trading hours on Thursday, hitting $42.60. 10,125 shares of the company were exchanged, compared to its average volume of 9,115. The firm has a market cap of $382.72 million, a price-to-earnings ratio of 9.18 and a beta of 0.42. The company has a 50 day moving average of $42.29 and a two-hundred day moving average of $43.63. American Business Bank has a 52-week low of $29.75 and a 52-week high of $46.99.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last announced its earnings results on Monday, April 28th. The financial services provider reported $1.27 earnings per share for the quarter. The business had revenue of $36.33 million for the quarter.
American Business Bank Dividend Announcement
The firm also recently announced a dividend, which will be paid on Tuesday, June 17th. Investors of record on Thursday, May 8th will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, May 7th. This represents a yield of 2.33%. American Business Bank's payout ratio is 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.
Read More
Before you consider American Business Bank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Business Bank wasn't on the list.
While American Business Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
