Avidbank Holdings, Inc. (OTCMKTS:AVBH – Get Free Report) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 900 shares, a decrease of 30.8% from the May 31st total of 1,300 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is currently 0.2 days.
Analyst Upgrades and Downgrades
Separately, Piper Sandler decreased their price objective on shares of Avidbank from $24.00 to $23.00 and set an “overweight” rating for the company in a report on Friday, April 19th.
Get Our Latest Stock Report on Avidbank
Avidbank Trading Down 0.1 %
Avidbank (OTCMKTS:AVBH – Get Free Report) last announced its quarterly earnings results on Wednesday, April 17th. The company reported $0.69 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.69. The firm had revenue of $35.94 million for the quarter, compared to analysts’ expectations of $19.84 million. On average, research analysts predict that Avidbank will post 2.71 earnings per share for the current fiscal year.
About Avidbank
Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties. The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.
Featured Articles
- Five stocks we like better than Avidbank
- How to Buy Cheap Stocks Step by Step
- Upwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges
- How to Capture the Benefits of Dividend Increases
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- How to Use the MarketBeat Stock Screener
- MarketBeat Week in Review – 6/24 – 6/28
Receive News & Ratings for Avidbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avidbank and related companies with MarketBeat.com's FREE daily email newsletter.