Agricultural Bank of China Limited (OTCMKTS:ACGBF) Sees Significant Drop in Short Interest

Agricultural Bank of China Limited (OTCMKTS:ACGBF) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 47,522,000 shares, a decrease of 21.4% from the February 13th total of 60,498,800 shares. Based on an average trading volume of 42,700 shares, the days-to-cover ratio is currently 1,112.9 days.

Agricultural Bank of China Stock Up 3.8 %

Shares of ACGBF stock opened at $0.67 on Wednesday. The stock has a 50-day moving average of $0.55 and a 200-day moving average of $0.51. Agricultural Bank of China has a one year low of $0.41 and a one year high of $0.68.

Agricultural Bank of China Dividend Announcement

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