Agricultural Bank of China Limited (OTCMKTS:ACGBF) Sees Large Increase in Short Interest

Agricultural Bank of China Limited (OTCMKTS:ACGBF) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 60,498,800 shares, an increase of 74.0% from the January 31st total of 34,772,400 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 43,213.4 days.

Agricultural Bank of China Stock Performance

Agricultural Bank of China stock opened at $0.55 on Friday. Agricultural Bank of China has a 1 year low of $0.40 and a 1 year high of $0.59. The firm’s 50 day moving average price is $0.53 and its 200-day moving average price is $0.49.

Agricultural Bank of China Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 3rd were issued a $0.1164 dividend. The ex-dividend date was Thursday, January 2nd. This represents a yield of 2.85%. Agricultural Bank of China’s dividend payout ratio is currently 31.95%.

Agricultural Bank of 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.