Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBY) Grows By 85.1%

Agricultural Bank of China Limited (OTCMKTS:ACGBY) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 27,400 shares, an increase of 85.1% from the September 15th total of 14,800 shares. Based on an average daily volume of 202,700 shares, the short-interest ratio is currently 0.1 days.

Agricultural Bank of China Stock Performance

OTCMKTS ACGBY opened at $11.73 on Friday. Agricultural Bank of China has a 52 week low of $8.88 and a 52 week high of $13.08. The stock’s 50 day moving average price is $11.53 and its two-hundred day moving average price is $11.19. The stock has a market capitalization of $164.21 billion, a price-to-earnings ratio of 4.69 and a beta of 0.09.

Agricultural Bank of China (OTCMKTS:ACGBY) last announced its earnings results on Friday, August 30th. The company reported $0.62 EPS for the quarter. The business had revenue of $25 billion during the quarter. Agricultural Bank of China had a net margin of 19.55% and a return on equity of 9.30%.

Agricultural Bank of China Company Profile

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.