Agricultural Bank of China Limited (OTCMKTS:ACGBF – Get Free Report) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 12,537,700 shares, a decline of 57.6% from the December 31st total of 29,572,400 shares. Based on an average daily trading volume, of 40,600 shares, the short-interest ratio is presently 308.8 days.
Agricultural Bank of China Stock Up 0.2 %
Shares of Agricultural Bank of China stock opened at $0.51 on Thursday. Agricultural Bank of China has a 52-week low of $0.38 and a 52-week high of $0.58. The company has a 50-day simple moving average of $0.51 and a two-hundred day simple moving average of $0.48.
Agricultural Bank of China Announces Dividend
The company also recently announced a dividend, which was paid on Friday, January 24th. Shareholders 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 yield of 2.85%. Agricultural Bank of China’s dividend payout ratio (DPR) is presently 31.95%.
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.
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