Agricultural Bank of China Limited (OTCMKTS:ACGBF) Short Interest Update

Agricultural Bank of China Limited (OTCMKTS:ACGBF) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 14,965,272 shares, a growth of 113.7% from the April 30th total of 7,002,242 shares. Based on an average daily volume of 1,684 shares, the short-interest ratio is presently 8,886.7 days.

Agricultural Bank of China Stock Up 4.4%

ACGBF opened at $0.77 on Tuesday. The business has a 50 day simple moving average of $0.72 and a two-hundred day simple moving average of $0.71. Agricultural Bank of China has a one year low of $0.63 and a one year high of $0.82.

Agricultural Bank of China Company Profile

Agricultural Bank of China Limited, one of China’s “Big Four” state-owned commercial banks, offers a broad range of financial products and services to individuals, corporations and government entities. Established in 1951 as the Agricultural Cooperative Bank and reorganized in 1979 as a standalone commercial bank, it has maintained a strategic focus on serving the agricultural sector, rural communities and urban enterprises. Through its extensive domestic branch network, the bank provides deposit-taking, lending, trade finance, treasury operations and risk management solutions.

In its retail segment, Agricultural Bank of China delivers personal deposit accounts, mortgage financing, auto loans, credit card services and wealth management products.