Short Interest in Absa Group Limited (OTCMKTS:AGRPY) Decreases By 33.3%

Absa Group Limited (OTCMKTS:AGRPY) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, a decline of 33.3% from the October 31st total of 300 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 0.1 days.

Absa Group Price Performance

Shares of Absa Group stock remained flat at $18.84 during trading on Friday. The company had a trading volume of 36 shares, compared to its average volume of 1,429. Absa Group has a 12 month low of $14.36 and a 12 month high of $20.53. The stock has a 50-day simple moving average of $19.34 and a 200-day simple moving average of $18.32.

Absa Group Company Profile

Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. It offers retail and business banking products and services; life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship and transactional banking services; mobile payments; and savings and investment products and services.