American Business Bank (OTCMKTS:AMBZ) Short Interest Down 88.9% in April

American Business Bank (OTCMKTS:AMBZ) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a decrease of 88.9% from the March 31st total of 900 shares. Based on an average daily volume of 15,900 shares, the days-to-cover ratio is currently 0.0 days.

American Business Bank Price Performance

OTCMKTS:AMBZ remained flat at $33.50 during trading hours on Friday. The company had a trading volume of 1,300 shares, compared to its average volume of 7,778. The stock has a market capitalization of $304.18 million, a P/E ratio of 7.04 and a beta of 0.68. American Business Bank has a fifty-two week low of $25.43 and a fifty-two week high of $39.54. The stock has a fifty day simple moving average of $35.99 and a two-hundred day simple moving average of $34.35.

American Business Bank (OTCMKTS:AMBZ) 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.

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.