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

Agricultural Bank of China Limited (OTCMKTS:ACGBY) saw a significant decline in short interest in 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 trading volume of 30,400 shares, the short-interest ratio is presently 0.1 days.

Agricultural Bank of China Stock Performance

Agricultural Bank of China stock opened at $15.29 on Friday. The stock has a market cap of $214.05 billion, a PE ratio of 6.02 and a beta of 0.04. The stock has a fifty day moving average of $13.92 and a 200 day moving average of $12.77. Agricultural Bank of China has a one year low of $9.93 and a one year high of $15.36.

Agricultural Bank of China Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, January 3rd were given a $0.3101 dividend. The ex-dividend date of this dividend was Friday, January 3rd. Agricultural Bank of China’s payout ratio is presently 24.80%.

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.