American Bank Incorporated (OTCMKTS:AMBK) Sees Large Increase in Short Interest

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

American Bank Trading Up 0.1 %

Shares of American Bank stock traded up $0.02 during trading hours on Friday, hitting $14.37. The company had a trading volume of 948 shares, compared to its average volume of 1,254. The company’s 50-day moving average is $14.54 and its two-hundred day moving average is $15.01. American Bank has a twelve month low of $14.07 and a twelve month high of $17.85.

American Bank Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Monday, December 16th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Monday, December 16th.

About American Bank

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.