Short Interest in American Business Bank (OTCMKTS:AMBZ) Grows By 800.0%

American Business Bank (OTCMKTS:AMBZ - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 900 shares, a growth of 800.0% from the March 15th total of 100 shares. Based on an average daily volume of 6,400 shares, the short-interest ratio is currently 0.1 days.

American Business Bank Stock Down 2.2 %

Shares of American Business Bank stock traded down $0.79 during trading on Wednesday, reaching $34.95. 13,788 shares of the stock were exchanged, compared to its average volume of 7,365. The stock's fifty day moving average is $36.96 and its 200 day moving average is $34.11. The firm has a market cap of $317.00 million, a price-to-earnings ratio of 7.34 and a beta of 0.68. American Business Bank has a 1 year low of $25.43 and a 1 year high of $39.54.

American Business Bank (OTCMKTS:AMBZ - Get Free Report) last posted its earnings results on Monday, January 29th. The financial services provider reported $1.23 earnings per share for the quarter. The firm had revenue of $32.88 million for the quarter.

American Business Bank Company Profile

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.