AmBase Corp. (OTCMKTS:ABCP) Short Interest Down 29.0% in February

by · The Markets Daily

AmBase Corp. (OTCMKTS:ABCP – Get Free Report) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 14,478 shares, a decrease of 29.0% from the January 29th total of 20,388 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 20,992 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 20,992 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the company’s shares are sold short.

AmBase Price Performance

AmBase stock opened at $0.19 on Friday. The stock’s 50 day moving average is $0.20 and its 200 day moving average is $0.24. AmBase has a one year low of $0.17 and a one year high of $0.35. The firm has a market cap of $16.27 million, a P/E ratio of -3.83 and a beta of 0.65.

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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