Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBY) Rises By 41.5%

Agricultural Bank of China Limited (OTCMKTS:ACGBY - Get Free Report) was the target of a large 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 short-interest ratio is presently 0.6 days.

Agricultural Bank of China Trading Up 0.8 %

OTCMKTS:ACGBY traded up $0.10 during mid-day trading on Wednesday, hitting $13.50. The stock had a trading volume of 28,666 shares, compared to its average volume of 43,841. The company has a 50 day simple moving average of $13.14 and a 200-day simple moving average of $12.13. The stock has a market capitalization of $188.99 billion, a price-to-earnings ratio of 5.31 and a beta of 0.05. Agricultural Bank of China has a 52 week low of $9.02 and a 52 week high of $14.80.

Agricultural Bank of China Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, February 10th. Stockholders 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 is presently 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.