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

Agricultural Bank of China Limited (OTCMKTS:ACGBF) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 7,370,500 shares, adropof60.5% from the July 15th total of 18,671,800 shares. Based on an average daily trading volume, of 41,100 shares, the days-to-cover ratio is presently 179.3 days. Based on an average daily trading volume, of 41,100 shares, the days-to-cover ratio is presently 179.3 days.

Agricultural Bank of China Stock Performance

OTCMKTS:ACGBF opened at $0.65 on Friday. Agricultural Bank of China has a 52-week low of $0.42 and a 52-week high of $0.76. The stock’s 50 day moving average price is $0.68 and its 200 day moving average price is $0.61.

Agricultural Bank of China Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Thursday, July 10th will be given a dividend of $0.1255 per share. The ex-dividend date of this dividend is Wednesday, July 9th. This is a positive change from Agricultural Bank of China’s previous dividend of $0.12. Agricultural Bank of China’s payout ratio is 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.