Agricultural Bank of China Limited (OTCMKTS:ACGBF) Sees Significant Decrease in Short Interest

Agricultural Bank of China Limited (OTCMKTS:ACGBF) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,923,000 shares, a decrease of 91.7% from the February 28th total of 47,522,000 shares. Based on an average trading volume of 5,600 shares, the short-interest ratio is presently 700.5 days.

Agricultural Bank of China Trading Up 7.0 %

OTCMKTS ACGBF opened at $0.65 on Thursday. Agricultural Bank of China has a 12 month low of $0.41 and a 12 month high of $0.68. The company’s 50 day simple moving average is $0.57 and its 200 day simple moving average is $0.52.

Agricultural Bank of China Announces Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 3rd were given a dividend of $0.1164 per share. This represents a dividend yield of 2.85%. The ex-dividend date was Thursday, January 2nd. Agricultural Bank of China’s dividend payout ratio (DPR) is presently 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.