AmBase Co. (OTCMKTS:ABCP) Short Interest Down 8.3% in April

AmBase Co. (OTCMKTS:ABCP) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 11,000 shares, a decline of 8.3% from the March 31st total of 12,000 shares. Based on an average daily volume of 132,800 shares, the days-to-cover ratio is presently 0.1 days.

AmBase Price Performance

Shares of OTCMKTS ABCP opened at $0.21 on Monday. The business’s 50 day moving average is $0.21 and its two-hundred day moving average is $0.18. AmBase has a 1-year low of $0.07 and a 1-year high of $0.40. The stock has a market capitalization of $8.78 million, a P/E ratio of -1.74 and a beta of 0.57.

AmBase (OTCMKTS:ABCP) last announced its quarterly earnings results on Monday, March 18th. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter.

AmBase Company Profile

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.