American Business Bank (OTCMKTS:AMBZ) Short Interest Down 66.7% in October

American Business Bank (OTCMKTS:AMBZ) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decline of 66.7% from the October 15th total of 300 shares. Based on an average daily volume of 6,600 shares, the short-interest ratio is presently 0.0 days.

American Business Bank Trading Up 1.2 %

Shares of OTCMKTS AMBZ opened at $43.50 on Thursday. American Business Bank has a twelve month low of $26.11 and a twelve month high of $43.50. The firm has a 50-day moving average of $38.40 and a two-hundred day moving average of $35.16. The company has a market capitalization of $395.85 million, a price-to-earnings ratio of 9.58 and a beta of 0.70.

American Business Bank (OTCMKTS:AMBZ) last released its earnings results on Wednesday, October 30th. The financial services provider reported $1.16 EPS for the quarter. The business had revenue of $33.28 million for the quarter.

About American Business Bank

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.