AmBase Corp. (OTCMKTS:ABCP) Short Interest Update

AmBase Corp. (OTCMKTS:ABCP) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 15,900 shares, a decline of 13.6% from the March 15th total of 18,399 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 60,792 shares, the short-interest ratio is currently 0.3 days.

AmBase Stock Performance

ABCP stock opened at $0.17 on Friday. The company has a market cap of $14.52 million, a P/E ratio of -3.42 and a beta of 0.80. AmBase has a 52 week low of $0.14 and a 52 week high of $0.35. The company’s 50-day moving average price is $0.17 and its 200 day moving average price is $0.21.

AmBase (OTCMKTS:ABCP) last released its quarterly earnings data on Monday, March 30th. The financial services provider reported ($0.01) EPS for the quarter.

About AmBase

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.