American Bank Incorporated (OTCMKTS:AMBK) Sees Significant Growth in Short Interest

American Bank Incorporated (OTCMKTS:AMBK) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 200 shares, a growth of 100.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is presently 0.1 days.

American Bank Stock Performance

Shares of OTCMKTS AMBK remained flat at $14.35 during trading on Friday. American Bank has a fifty-two week low of $14.16 and a fifty-two week high of $17.85. The business has a fifty day moving average of $14.55 and a 200 day moving average of $15.03.

American Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Monday, December 16th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date is Monday, December 16th.

American Bank Company Profile

American Bank Incorporated operates as the bank holding company for American Bank that provides various banking products and services to consumer, business, institutional, and governmental customers. It accepts a range of interest-bearing checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts.