American Bank Inc. (OTCMKTS:AMBK) Sees Large Growth in Short Interest

American Bank Inc. (OTCMKTS:AMBK) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 371 shares, a growth of ∞ from the June 15th total of 0 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 917 shares, the days-to-cover ratio is currently 0.4 days.

American Bank Stock Performance

Shares of AMBK opened at $22.73 on Friday. The firm has a market cap of $144.11 million, a P/E ratio of 10.33 and a beta of -0.07. American Bank has a 52 week low of $15.25 and a 52 week high of $22.73. The firm’s 50-day simple moving average is $18.89 and its 200 day simple moving average is $18.11.

American Bank (OTCMKTS:AMBK) last issued its quarterly earnings data on Thursday, July 9th. The company reported $0.52 earnings per share (EPS) for the quarter. The company had revenue of $8.66 million for the quarter.

About American Bank

American Bank (OTCMKTS:AMBK) is a U.S. bank holding company that operates through its subsidiary, American Bank. As a community-oriented financial institution, it offers a broad range of commercial and consumer banking products, including deposit accounts, business and personal loans, mortgage financing, and treasury management services.

Serving individual customers, small to mid-sized businesses and nonprofit organizations, American Bank delivers its products through a network of branch locations complemented by digital banking platforms.