American Bank Incorporated (OTCMKTS:AMBK – Get Free Report) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totalling 100 shares, a decrease of 50.0% from the June 15th total of 200 shares. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is currently 0.1 days.
American Bank Stock Performance
Shares of OTCMKTS AMBK opened at $15.65 on Friday. The firm’s 50 day moving average price is $16.00 and its 200-day moving average price is $16.43. American Bank has a 52-week low of $15.50 and a 52-week high of $18.73.
American Bank Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Saturday, June 15th were paid a $0.14 dividend. The ex-dividend date of this dividend was Friday, June 14th. This represents a $0.56 annualized dividend and a dividend yield of 3.58%.
American Bank Company Profile
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.
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