Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBY) Grows By 1,366.7%

Agricultural Bank of China Limited (OTCMKTS:ACGBY) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 17,600 shares, an increase of 1,366.7% from the October 31st total of 1,200 shares. Based on an average daily volume of 31,700 shares, the short-interest ratio is presently 0.6 days.

Agricultural Bank of China Stock Performance

Shares of ACGBY stock traded up $0.27 during trading hours on Wednesday, hitting $12.43. The company had a trading volume of 8,625 shares, compared to its average volume of 12,991. Agricultural Bank of China has a 12 month low of $8.89 and a 12 month high of $13.30. The firm’s fifty day moving average is $12.33 and its 200 day moving average is $11.55. The firm has a market capitalization of $174.01 billion, a price-to-earnings ratio of 4.79 and a beta of 0.08.

Agricultural Bank of China (OTCMKTS:ACGBY) last issued its quarterly earnings data on Friday, August 30th. The company reported $0.62 earnings per share (EPS) for the quarter. The firm had revenue of $25 billion during the quarter. Agricultural Bank of China had a return on equity of 9.11% and a net margin of 19.68%.

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.