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

Agricultural Bank of China Limited (OTCMKTS:ACGBY) was the recipient of a significant increase in short interest in 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 trading volume, of 47,800 shares, the short-interest ratio is presently 0.6 days.

Agricultural Bank of China Trading Up 0.1 %

OTCMKTS ACGBY opened at $13.52 on Friday. Agricultural Bank of China has a 1-year low of $9.02 and a 1-year high of $14.80. The company has a 50 day moving average of $13.16 and a 200-day moving average of $12.14. The firm has a market cap of $189.27 billion, a price-to-earnings ratio of 5.32 and a beta of 0.05.

Agricultural Bank of China Cuts Dividend

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