Agri Bank China (OTCMKTS:ACGBY) Short Interest Update

Agri Bank China (OTCMKTS:ACGBY) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 18,200 shares, an increase of 279.2% from the August 15th total of 4,800 shares. Based on an average daily trading volume, of 84,200 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 84,200 shares, the days-to-cover ratio is presently 0.2 days.

Agri Bank China Stock Performance

Shares of OTCMKTS:ACGBY opened at $17.85 on Friday. Agri Bank China has a twelve month low of $10.93 and a twelve month high of $18.45. The firm has a market cap of $249.89 billion, a PE ratio of 6.89 and a beta of 0.11. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.88 and a current ratio of 0.88. The business has a fifty day moving average of $17.19 and a 200-day moving average of $16.32.

Agri Bank China (OTCMKTS:ACGBY) last announced its earnings results on Friday, August 29th. The company reported $0.62 earnings per share for the quarter. Agri Bank China had a return on equity of 9.26% and a net margin of 20.80%.The company had revenue of $25.31 billion during the quarter.

Agri Bank China Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 11th. Stockholders of record on Friday, July 11th were paid a $0.3231 dividend. This represents a dividend yield of 358.0%. This is a boost from Agri Bank China’s previous dividend of $0.31. The ex-dividend date was Thursday, July 10th. Agri Bank China’s dividend payout ratio is 25.10%.

Agri Bank China Company Profile

Agricultural Bank of China Limited, together with its subsidiaries, provides banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It offers demand, personal call, foreign currency call, time or demand optional, foreign exchange call, foreign exchange time, savings, agreed term, and negotiated deposit accounts, as well as certificates of deposit; and loans, including housing, consumer, business, fixed asset, working capital, real estate, and entrusted syndicated loans, as well as trade finances, guarantees and commitments, and loans with custody of export rebates accounts.