Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBF) Increases By 106.4%

Agricultural Bank of China Limited (OTCMKTS:ACGBF) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 25,881,800 shares, an increase of 106.4% from the December 31st total of 12,537,700 shares. Based on an average daily trading volume, of 62,900 shares, the days-to-cover ratio is presently 411.5 days.

Agricultural Bank of China Stock Performance

Shares of ACGBF stock opened at $0.51 on Friday. Agricultural Bank of China has a fifty-two week low of $0.38 and a fifty-two week high of $0.58. The stock’s 50-day simple moving average is $0.52 and its 200-day simple moving average is $0.48.

Agricultural Bank of China Dividend Announcement

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

About Agricultural Bank of China

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.