American Bank Incorporated (OTCMKTS:AMBK) Short Interest Up 100.0% in December

American Bank Incorporated (OTCMKTS:AMBK) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 200 shares, a growth of 100.0% from the November 30th total of 100 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 0.1 days.

American Bank Stock Performance

Shares of OTCMKTS:AMBK traded up $0.02 during trading on Friday, hitting $14.37. The company’s stock had a trading volume of 948 shares, compared to its average volume of 1,254. American Bank has a fifty-two week low of $14.07 and a fifty-two week high of $17.85. The business has a 50 day moving average price of $14.54 and a two-hundred day moving average price of $15.01.

American Bank Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Monday, December 16th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.56 annualized dividend and a yield of 3.90%.

About American Bank

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.