AmBase Co. (OTCMKTS:ABCP – Get Free Report) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 12,300 shares, a decrease of 16.9% from the December 31st total of 14,800 shares. Based on an average daily volume of 38,400 shares, the days-to-cover ratio is currently 0.3 days.
AmBase Stock Performance
Shares of AmBase stock opened at $0.31 on Thursday. AmBase has a twelve month low of $0.15 and a twelve month high of $0.46. The stock has a market capitalization of $13.02 million, a price-to-earnings ratio of -2.58 and a beta of 0.64. The business’s 50 day simple moving average is $0.32 and its 200-day simple moving average is $0.35.
About AmBase
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