Agricultural Bank of China Limited (OTCMKTS:ACGBF) Sees Significant Drop in Short Interest

Agricultural Bank of China Limited (OTCMKTS:ACGBF) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 5,324,700 shares, a decrease of 28.5% from the October 15th total of 7,444,000 shares. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is presently 3,132.2 days.

Agricultural Bank of China Stock Performance

OTCMKTS:ACGBF opened at $0.50 on Friday. The business’s 50-day simple moving average is $0.48 and its 200-day simple moving average is $0.45. Agricultural Bank of China has a fifty-two week low of $0.36 and a fifty-two week high of $0.55.

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.