Agricultural Bank of China Limited (OTCMKTS:ACGBF) Sees Significant Decrease in Short Interest

Agricultural Bank of China Limited (OTCMKTS:ACGBF) saw a large drop in short interest in April. As of April 15th, there was short interest totalling 34,921,600 shares, a drop of 28.1% from the March 31st total of 48,577,200 shares. Based on an average daily volume of 471,200 shares, the short-interest ratio is presently 74.1 days.

Agricultural Bank of China Stock Performance

ACGBF stock opened at $0.44 on Friday. The company has a 50 day simple moving average of $0.41 and a 200 day simple moving average of $0.39. Agricultural Bank of China has a 1 year low of $0.31 and a 1 year high of $0.45.

About Agricultural Bank of China

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.