Absa Group Limited (OTCMKTS:AGRPY) Sees Large Increase in Short Interest

Absa Group Limited (OTCMKTS:AGRPY) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 800 shares, an increase of 700.0% from the January 15th total of 100 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is presently 0.6 days.

Absa Group Price Performance

OTCMKTS:AGRPY opened at $20.99 on Thursday. The stock has a 50-day simple moving average of $20.73 and a two-hundred day simple moving average of $19.56. Absa Group has a 52-week low of $14.36 and a 52-week high of $22.40.

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.