AmBase Co. (OTCMKTS:ABCP) Short Interest Up 10.9% in November

AmBase Co. (OTCMKTS:ABCPGet Free Report) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 12,200 shares, a growth of 10.9% from the October 31st total of 11,000 shares. Based on an average daily volume of 145,600 shares, the days-to-cover ratio is currently 0.1 days.

AmBase Price Performance

OTCMKTS:ABCP opened at $0.35 on Wednesday. The firm’s 50-day moving average price is $0.36 and its 200-day moving average price is $0.33. AmBase has a 1-year low of $0.12 and a 1-year high of $0.46.

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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