Agricultural Bank of China Limited (OTCMKTS:ACGBF – Get Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 60,498,800 shares, an increase of 74.0% from the January 31st total of 34,772,400 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 43,213.4 days.
Agricultural Bank of China Stock Performance
OTCMKTS ACGBF opened at $0.55 on Tuesday. Agricultural Bank of China has a 1 year low of $0.40 and a 1 year high of $0.59. The company has a fifty day moving average of $0.53 and a 200 day moving average of $0.50.
Agricultural Bank of China Announces Dividend
The business also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 3rd were issued a $0.1164 dividend. The ex-dividend date of this dividend 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.
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