Absa Group Limited (OTCMKTS:AGRPY) Short Interest Update

Absa Group Limited (OTCMKTS:AGRPY) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 500 shares, a growth of 66.7% from the September 30th total of 300 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 0.8 days.

Absa Group Stock Up 5.6 %

Shares of AGRPY opened at $19.87 on Friday. The firm’s 50 day moving average price is $19.39 and its 200 day moving average price is $17.71. Absa Group has a twelve month low of $14.36 and a twelve month high of $21.02.

Absa Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 26th. Investors of record on Friday, September 13th were paid a $0.5992 dividend. The ex-dividend date was Friday, September 13th. This is a positive change from Absa Group’s previous dividend of $0.57. Absa Group’s payout ratio is presently 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.