Avidbank Holdings Inc. (OTCMKTS:AVBH) has announced on August 25, 2022, about Henchy Rachel Enden joining the Board of Directors. She has years of expertise in the financial sector. Having graduated summa cum laude from Touro College, she has a B.S. degree in Finance and Economics. She even received an M.B.A., with honors, from the Columbia University Graduate School of Business.
Trading Data
On Thursday, AVBH stock moved up 7.91% to $22.50 with more than 3.38K shares, compared to its average volume of 941 shares. The stock moved within a range of $20.85 – 22.50 after opening trade at $20.85.
Henchy R. Enden Joins Avidbank Holdings, Inc. Board of Directors
Ms. Enden is a Vice President and Portfolio Manager for MFP Investors LLC, where she has been employed since 2004. Before working at MFP, she was a foreign exchange trader at Salomon Brothers following her graduation from college, and an analyst at GMM Capital, a family office focused on public and private investments in the retail sector, after her graduation from business school.
As of now, she serves as a director of Dynasty Financial Partners, LLC, a leading integrated platform services company for independent wealth advisory management firms established in 2010.
Mark Mordell, Chairman and Chief Executive Officer, is personally acquainted with Ms. Enden for over a decade. He is confident that her skill set and experience as an analyst and portfolio manager in the financial services sector will help them move forward towards accessing public markets. On her part, Ms. Enden is thrilled to join the management team and optimistic about the Bank’s continued success and growth.
Key Quote
“I have known Henchy for more than 10 years. Her skill set and experience as an analyst and portfolio manager in the financial services sector will be invaluable as we move forward to accessing the public markets,” said Mark Mordell, Chairman and Chief Executive Officer.
Technical Data
AVBH stock is trading above the 20-Day and 50-Day Moving averages of $21.05 and $20.78 respectively. Moreover, the stock is trading above the 200-Day moving average of $21.51. The company has a total market capitalization of $136 million.
