American Business Bank (OTCMKTS:AMBZ) Sees Significant Decrease in Short Interest

Posted by Dante Gardener on Mar 27th, 2025

American Business Bank (OTCMKTS:AMBZ – Get Free Report) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a drop of 87.5% from the February 28th total of 800 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 19,600 shares, the days-to-cover ratio is presently 0.0 days.

American Business Bank Stock Performance

Shares of American Business Bank stock opened at $44.74 on Thursday. The business has a 50-day simple moving average of $44.81 and a 200-day simple moving average of $42.35. American Business Bank has a one year low of $29.75 and a one year high of $46.99. The company has a market cap of $405.57 million, a PE ratio of 9.64 and a beta of 0.74.

American Business Bank (OTCMKTS:AMBZ – Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.33 EPS for the quarter.

American Business Bank Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, February 24th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend was Monday, February 24th. American Business Bank’s dividend payout ratio (DPR) is presently 21.55%.

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.