Absa Group Limited (OTCMKTS:AGRPY) Short Interest Update

Absa Group Limited (OTCMKTS:AGRPY) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,000 shares, a growth of 150.0% from the September 30th total of 400 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 800 shares, the short-interest ratio is presently 1.3 days.

Absa Group Stock Down 3.9%

Shares of AGRPY opened at $22.20 on Thursday. The business’s 50-day moving average is $21.49 and its two-hundred day moving average is $20.09. Absa Group has a fifty-two week low of $16.06 and a fifty-two week high of $23.20.

Absa Group Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were issued a $0.6896 dividend. This represents a yield of 648.0%. The ex-dividend date of this dividend was Friday, September 12th. This is a positive change from Absa Group’s previous dividend of $0.61. Absa Group’s payout ratio is currently 46.51%.

Absa Group Company Profile

Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. It offers retail and business banking products and services; life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship and transactional banking services; mobile payments; and savings and investment products and services.