Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBY) Declines By 55.8%

Agricultural Bank of China Limited (OTCMKTS:ACGBY) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 14,800 shares, a drop of 55.8% from the August 31st total of 33,500 shares. Based on an average daily volume of 12,200 shares, the days-to-cover ratio is presently 1.2 days.

Agricultural Bank of China Trading Up 3.2 %

Shares of OTCMKTS ACGBY opened at $13.08 on Friday. The stock has a market cap of $183.11 billion, a P/E ratio of 4.72 and a beta of 0.09. The stock has a 50 day moving average of $11.30 and a two-hundred day moving average of $11.04. Agricultural Bank of China has a twelve month low of $8.76 and a twelve month high of $13.08.

Agricultural Bank of China (OTCMKTS:ACGBY) last released its quarterly earnings results on Friday, August 30th. The company reported $0.62 earnings per share (EPS) for the quarter. Agricultural Bank of China had a return on equity of 9.30% and a net margin of 19.55%. The firm had revenue of $25 billion for the quarter.

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.