Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBY) Drops By 94.2%

Agricultural Bank of China Limited (OTCMKTS:ACGBY) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 2,200 shares, a decline of 94.2% from the January 31st total of 38,100 shares. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is presently 0.1 days.

Agricultural Bank of China Stock Down 3.1 %

ACGBY stock opened at $14.82 on Friday. Agricultural Bank of China has a 52-week low of $9.93 and a 52-week high of $15.36. The stock’s 50 day moving average is $13.94 and its two-hundred day moving average is $12.80. The company has a market capitalization of $207.47 billion, a PE ratio of 5.83 and a beta of 0.04.

Agricultural Bank of China Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, January 3rd were issued a dividend of $0.3101 per share. The ex-dividend date was Friday, January 3rd. Agricultural Bank of China’s dividend payout ratio is presently 24.41%.

Agricultural Bank of China Company Profile

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.