Agricultural Bank of China Limited (OTCMKTS:ACGBF – Get Free Report) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 12,537,700 shares, a decrease of 57.6% from the December 31st total of 29,572,400 shares. Based on an average daily volume of 40,600 shares, the days-to-cover ratio is presently 308.8 days.
Agricultural Bank of China Stock Performance
Shares of OTCMKTS ACGBF opened at $0.51 on Wednesday. Agricultural Bank of China has a one year low of $0.38 and a one year high of $0.58. The business’s 50-day moving average price is $0.51 and its two-hundred day moving average price is $0.48.
Agricultural Bank of China Announces Dividend
The business also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 3rd were issued a dividend of $0.1164 per share. This represents a dividend yield of 2.85%. The ex-dividend date was Thursday, January 2nd. Agricultural Bank of China’s dividend payout ratio is 31.95%.
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.
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