Short Interest in Absa Group Limited (OTCMKTS:AGRPY) Increases By 62.5%

Absa Group Limited (OTCMKTS:AGRPY) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 1,300 shares, a growth of 62.5% from the February 13th total of 800 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 2.2 days.

Absa Group Price Performance

Shares of AGRPY opened at $20.28 on Friday. Absa Group has a 52 week low of $14.36 and a 52 week high of $22.40. The business’s 50 day moving average price is $20.49 and its 200-day moving average price is $20.04.

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.