American Business Bank (OTCMKTS:AMBZ) Short Interest Down 90.4% in May

American Business Bank (OTCMKTS:AMBZ – Get Rating) saw a significant decline in short interest in May. As of May 15th, there was short interest totalling 500 shares, a decline of 90.4% from the April 30th total of 5,200 shares. Based on an average daily trading volume, of 26,100 shares, the short-interest ratio is currently 0.0 days.

American Business Bank Trading Down 2.2 %

OTCMKTS AMBZ traded down $0.64 during midday trading on Friday, hitting $29.00. The company had a trading volume of 37,207 shares, compared to its average volume of 10,229. The firm has a 50-day moving average price of $32.12 and a 200-day moving average price of $37.31. The company has a market capitalization of $261 million, a PE ratio of 5.17 and a beta of 0.77. American Business Bank has a twelve month low of $25.14 and a twelve month high of $41.35.

American Business Bank (OTCMKTS:AMBZ – Get Rating) last issued its quarterly earnings results on Friday, April 28th. The financial services provider reported $1.42 EPS for the quarter. The company had revenue of $34.59 million during the quarter.

About American Business Bank

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American Business Bank engages in the provision of financial services. Its services include deposit services, treasury management, credit services, consulting and referral services, personalized banking, and international banking. The company was founded by Robert F. Schack, Robin C. Paterson, Trent D.