Short Interest in AmBase Co. (OTCMKTS:ABCP) Grows By 10.9%

AmBase Co. (OTCMKTS:ABCP) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 12,200 shares, a growth of 10.9% from the October 31st total of 11,000 shares. Based on an average trading volume of 145,600 shares, the short-interest ratio is currently 0.1 days.

AmBase Price Performance

ABCP opened at $0.35 on Monday. The business’s 50-day moving average is $0.36 and its two-hundred day moving average is $0.33. AmBase has a 1 year low of $0.12 and a 1 year high of $0.46. The firm has a market capitalization of $14.57 million, a PE ratio of -2.89 and a beta of 0.69.

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.