AmBase Co. (OTCMKTS:ABCP) Short Interest Down 16.9% in December

AmBase Co. (OTCMKTS:ABCPGet Free Report) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 12,300 shares, a drop of 16.9% from the December 15th total of 14,800 shares. Based on an average daily volume of 38,400 shares, the short-interest ratio is presently 0.3 days.

AmBase Price Performance

ABCP stock opened at $0.31 on Friday. AmBase has a fifty-two week low of $0.15 and a fifty-two week high of $0.46. The stock has a market capitalization of $13.02 million, a price-to-earnings ratio of -2.58 and a beta of 0.64. The business’s fifty day moving average price is $0.32 and its two-hundred day moving average price is $0.35.

AmBase Company Profile

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AmBase Corporation does not have significant operations. Previously, it invested in a real estate development property. The company was incorporated in 1975 and is headquartered in Coral Springs, Florida.

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