Agricultural Bank of China Limited (OTCMKTS:ACGBY) Short Interest Update

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

Agricultural Bank of China Stock Up 0.1 %

Shares of ACGBY opened at $13.52 on Friday. The company has a 50-day moving average price of $13.16 and a two-hundred day moving average price of $12.14. The stock 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 has a 12 month low of $9.02 and a 12 month high of $14.80.

Agricultural Bank of China Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, February 10th. Investors of record on Friday, January 3rd will be given a dividend of $0.3101 per share. The ex-dividend date is Friday, January 3rd. Agricultural Bank of China’s dividend payout ratio (DPR) is presently 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.