Agricultural Bank of China Limited (OTCMKTS:ACGBY) Short Interest Up 41.5% in December

Agricultural Bank of China Limited (OTCMKTS:ACGBY) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 27,600 shares, a growth of 41.5% from the December 15th total of 19,500 shares. Based on an average daily volume of 47,800 shares, the short-interest ratio is currently 0.6 days.

Agricultural Bank of China Stock Performance

Agricultural Bank of China stock opened at $13.50 on Thursday. Agricultural Bank of China has a fifty-two week low of $9.02 and a fifty-two week high of $14.80. The company has a market capitalization of $188.99 billion, a P/E ratio of 5.31 and a beta of 0.05. The stock has a 50-day simple moving average of $13.14 and a 200-day simple moving average of $12.13.

Agricultural Bank of China Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, February 10th. Stockholders of record on Friday, January 3rd will be issued a $0.3101 dividend. The ex-dividend date of this dividend is Friday, January 3rd. Agricultural Bank of China’s payout ratio is currently 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.