AmBase Corp. (OTCMKTS:ABCP) Sees Significant Increase in Short Interest

AmBase Corp. (OTCMKTS:ABCPGet Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 17,700 shares, a growth of 60.9% from the September 15th total of 11,000 shares. Based on an average daily volume of 32,200 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 32,200 shares, the short-interest ratio is currently 0.5 days.

AmBase Trading Down 0.9%

AmBase stock opened at $0.29 on Wednesday. AmBase has a 52 week low of $0.24 and a 52 week high of $0.37. The stock has a 50-day simple moving average of $0.29 and a 200 day simple moving average of $0.30.

AmBase (OTCMKTS:ABCPGet Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The financial services provider reported ($0.01) EPS for the quarter.

About AmBase

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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.

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