Free Trial

Short Interest in American Business Bank (OTCMKTS:AMBZ) Rises By 166.7%

American Business Bank logo with Finance background

Key Points

  • Short interest in American Business Bank increased by 166.7% in September, reaching a total of 1,600 shares compared to 600 shares at the end of August.
  • The bank recently announced a dividend of $0.25 per share, representing a significant dividend yield of 204.0% and a payout ratio of 19.31%.
  • American Business Bank currently has a market cap of $488.10 million and a price-to-earnings ratio of 10.56.
  • MarketBeat previews top five stocks to own in November.

American Business Bank (OTCMKTS:AMBZ - Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,600 shares, a growth of 166.7% from the August 31st total of 600 shares. Based on an average daily volume of 7,200 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 7,200 shares, the days-to-cover ratio is currently 0.2 days.

American Business Bank Price Performance

OTCMKTS:AMBZ opened at $54.72 on Friday. The firm has a market capitalization of $488.10 million, a price-to-earnings ratio of 10.56 and a beta of 0.47. The company's 50-day moving average is $51.79 and its two-hundred day moving average is $46.37. American Business Bank has a 1-year low of $37.46 and a 1-year high of $55.49.

American Business Bank (OTCMKTS:AMBZ - Get Free Report) last posted its earnings results on Thursday, July 24th. The financial services provider reported $1.42 earnings per share for the quarter. The firm had revenue of $38.22 million during the quarter.

American Business Bank Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, September 17th. Investors of record on Friday, August 8th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, August 7th. This represents a dividend yield of 204.0%. American Business Bank's dividend payout ratio (DPR) is presently 19.31%.

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in American Business Bank Right Now?

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

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.