Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBF) Declines By 91.7%

Agricultural Bank of China Limited (OTCMKTS:ACGBFGet Free Report) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,923,000 shares, a decline of 91.7% from the February 28th total of 47,522,000 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is presently 700.5 days.

Agricultural Bank of China Stock Performance

OTCMKTS ACGBF opened at $0.65 on Friday. Agricultural Bank of China has a 52 week low of $0.41 and a 52 week high of $0.68. The company has a 50 day moving average price of $0.57 and a 200 day moving average price of $0.52.

Agricultural Bank of China Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 3rd were paid a dividend of $0.1164 per share. The ex-dividend date was Thursday, January 2nd. This represents a yield of 2.85%. Agricultural Bank of China’s dividend payout ratio (DPR) is 31.95%.

Agricultural Bank of China Company Profile

(Get Free Report)

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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