Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBY) Declines By 84.4%

Agricultural Bank of China Limited (OTCMKTS:ACGBY) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 1,200 shares, a drop of 84.4% from the October 15th total of 7,700 shares. Based on an average trading volume of 21,100 shares, the short-interest ratio is currently 0.1 days.

Agricultural Bank of China Price Performance

Shares of ACGBY stock traded down $0.17 during midday trading on Tuesday, reaching $12.43. 5,984 shares of the company traded hands, compared to its average volume of 11,991. The firm’s 50 day simple moving average is $12.07 and its two-hundred day simple moving average is $11.46. Agricultural Bank of China has a 1-year low of $8.89 and a 1-year high of $13.30. The firm has a market cap of $174.01 billion, a PE ratio of 4.89 and a beta of 0.08.

Agricultural Bank of China (OTCMKTS:ACGBY) last issued its quarterly earnings data on Friday, August 30th. The company reported $0.62 earnings per share (EPS) for the quarter. The firm had revenue of $25 billion during the quarter. Agricultural Bank of China had a return on equity of 9.11% and a net margin of 19.68%.

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.