Agricultural Bank of China Limited (OTCMKTS:ACGBY - Get Free Report) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 19,500 shares, a decrease of 21.7% from the November 30th total of 24,900 shares. Based on an average daily volume of 35,900 shares, the short-interest ratio is currently 0.5 days.
Agricultural Bank of China Price Performance
Shares of ACGBY traded up $0.08 during midday trading on Friday, hitting $14.28. 24,810 shares of the company traded hands, compared to its average volume of 33,314. The stock has a 50-day moving average of $12.88 and a 200-day moving average of $11.85. Agricultural Bank of China has a one year low of $9.02 and a one year high of $14.65. The firm has a market cap of $199.91 billion, a P/E ratio of 5.62 and a beta of 0.08.
Agricultural Bank of China Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, February 10th. Shareholders 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 24.41%.
About Agricultural Bank of China
(
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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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