Avidbank Holdings Inc. (OTCMKTS:AVBH) Sees Large Decline in Short Interest

Key Points

• Avidbank Holdings Inc. experienced a significant drop in short interest, with only 100 shares sold short as of July 31st, marking an 80% decrease from the previous total of 500 shares.
• The company's stock opened at $23.75, with a market capitalization of $249.90 million, and a P/E ratio of 8.54.
• Avidbank provides a range of financial products and services, including business and personal deposit products, in the Santa Clara, San Mateo, and San Francisco counties.

Avidbank Holdings Inc. (OTCMKTS:AVBH - ) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 100 shares, adropof80.0% from the July 15th total of 500 shares. Based on an average daily trading volume, of 7,700 shares, the short-interest ratio is currently 0.0 days. Approximately0.0% of the shares of the company are sold short. Approximately0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 7,700 shares, the short-interest ratio is currently 0.0 days.

Avidbank Stock Performance

Shares of AVBH opened at $23.75 on Friday. Avidbank has a 1 year low of $18.85 and a 1 year high of $26.59. The stock has a market capitalization of $249.90 million, a P/E ratio of 8.54 and a beta of 0.53. The company's fifty day moving average is $21.33 and its two-hundred day moving average is $21.79.

Avidbank Company Profile

Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties. The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.

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