Is AMBASE CORPORATION (OTCMKTS:ABCP)’s Fuel Running High? Reports Show Less Sellers

June 16, 2018 - By Marguerite Chambers

The stock of AMBASE CORPORATION (OTCMKTS:ABCP) registered a decrease of 46.34% in short interest. ABCP’s total short interest was 11,000 shares in June as published by FINRA. Its down 46.34% from 20,500 shares, reported previously. With 56,600 shares average volume, it will take short sellers 0 days to cover their ABCP’s short positions. The short interest to AMBASE CORPORATION’s float is 0.08%.

It closed at $0.54 lastly. It is down 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

AmBase Corporation invests in a real estate development property to develop real property in New York, New York. The company has market cap of $22.00 million. The firm also owns, operates, and manages a commercial office building covering an area of approximately 14,500 square feet in Greenwich, Connecticut. It currently has negative earnings.

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