Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBF) Drops By 57.6%

Agricultural Bank of China Limited (OTCMKTS:ACGBF) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 12,537,700 shares, a decline of 57.6% from the December 31st total of 29,572,400 shares. Based on an average daily trading volume, of 40,600 shares, the short-interest ratio is currently 308.8 days.

Agricultural Bank of China Price Performance

Shares of Agricultural Bank of China stock opened at $0.51 on Friday. Agricultural Bank of China has a 12 month low of $0.38 and a 12 month high of $0.58. The stock has a 50 day moving average of $0.52 and a 200 day moving average of $0.48.

Agricultural Bank of China Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 3rd were issued a $0.1164 dividend. This represents a dividend yield of 2.85%. The ex-dividend date was Thursday, January 2nd. 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.