Agricultural Bank of China Limited (OTCMKTS:ACGBF) Short Interest Down 57.6% in January

Agricultural Bank of China Limited (OTCMKTS:ACGBF) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 12,537,700 shares, a decrease of 57.6% from the December 31st total of 29,572,400 shares. Based on an average daily volume of 40,600 shares, the days-to-cover ratio is presently 308.8 days.

Agricultural Bank of China Price Performance

ACGBF 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 company’s 50 day moving average is $0.52 and its 200 day moving average is $0.48.

Agricultural Bank of China Dividend Announcement

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