Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBY) Increases By 41.5%

Agricultural Bank of China Limited (OTCMKTS:ACGBY) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 27,600 shares, an increase of 41.5% from the December 15th total of 19,500 shares. Based on an average daily volume of 47,800 shares, the short-interest ratio is presently 0.6 days.

Agricultural Bank of China Stock Performance

ACGBY opened at $13.40 on Wednesday. The stock has a market capitalization of $187.53 billion, a PE ratio of 5.27 and a beta of 0.05. Agricultural Bank of China has a one year low of $9.02 and a one year high of $14.80. The business’s 50 day moving average price is $13.14 and its 200 day moving average price is $12.13.

Agricultural Bank of China Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 10th. Shareholders of record on Friday, January 3rd will be paid a dividend of $0.3101 per share. The ex-dividend date is Friday, January 3rd. Agricultural Bank of China’s dividend payout ratio (DPR) is presently 24.41%.

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.