Agricultural Bank of China Limited (OTCMKTS:ACGBY) Sees Large Increase in Short Interest

Agricultural Bank of China Limited (OTCMKTS:ACGBYGet Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 27,400 shares, a growth 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

Agricultural Bank of China stock opened at $11.73 on Friday. Agricultural Bank of China has a fifty-two week low of $8.88 and a fifty-two week high of $13.08. The firm’s 50-day simple moving average is $11.52 and its 200 day simple moving average is $11.17. The stock has a market cap of $164.21 billion, a PE ratio of 4.76 and a beta of 0.09.

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

About Agricultural Bank of China

(Get Free Report)

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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