AmBase Co. (OTCMKTS:ABCP – Get Free Report) saw a significant decline in short interest in 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 Stock Performance
ABCP stock opened at $0.21 on Wednesday. The business’s fifty day moving average price is $0.21 and its 200 day moving average price is $0.18. AmBase has a 12-month low of $0.07 and a 12-month high of $0.40.
AmBase (OTCMKTS:ABCP – Get Free Report) last released its earnings results on Monday, March 18th. The financial services provider reported ($0.03) earnings per share for the quarter.
About AmBase
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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