Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBY) Declines By 21.7%

Agricultural Bank of China Limited (OTCMKTS:ACGBY) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 19,500 shares, a decrease of 21.7% from the November 30th total of 24,900 shares. Based on an average daily trading volume, of 35,900 shares, the short-interest ratio is currently 0.5 days.

Agricultural Bank of China Stock Performance

OTCMKTS:ACGBY opened at $14.28 on Monday. Agricultural Bank of China has a fifty-two week low of $9.02 and a fifty-two week high of $14.65. The company has a 50 day simple moving average of $12.88 and a two-hundred day simple moving average of $11.86. The company has a market capitalization of $199.91 billion, a PE ratio of 5.62 and a beta of 0.08.

Agricultural Bank of China Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, February 10th. Stockholders of record on Friday, January 3rd will be given a dividend of $0.3101 per share. The ex-dividend date is Friday, January 3rd. Agricultural Bank of China’s dividend payout ratio (DPR) is presently 24.41%.

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.