Short Interest in Absa Group Limited (OTCMKTS:AGRPY) Decreases By 57.1%

Absa Group Limited (OTCMKTS:AGRPY) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 300 shares, a decline of 57.1% from the December 15th total of 700 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 0.4 days.

Absa Group Price Performance

Shares of AGRPY opened at $21.07 on Tuesday. Absa Group has a one year low of $14.36 and a one year high of $22.40. The stock has a 50-day moving average price of $20.19 and a 200 day moving average price of $19.14.

About Absa Group

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.