Agricultural Bank of China Limited (OTCMKTS:ACGBF) Short Interest Down 57.6% in January

Agricultural Bank of China Limited (OTCMKTS:ACGBF) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 12,537,700 shares, a decline of 57.6% from the December 31st total of 29,572,400 shares. Based on an average daily trading volume, of 40,600 shares, the short-interest ratio is presently 308.8 days.

Agricultural Bank of China Stock Performance

OTCMKTS ACGBF opened at $0.51 on Wednesday. The firm’s fifty day moving average is $0.51 and its two-hundred day moving average is $0.48. Agricultural Bank of China has a one year low of $0.38 and a one year high of $0.58.

Agricultural Bank of China Announces Dividend

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

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.