Agri Bank China (OTCMKTS:ACGBY) Short Interest Update

Agri Bank China (OTCMKTS:ACGBY) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 16,100 shares, agrowthof117.6% from the July 15th total of 7,400 shares. Approximately0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 42,800 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 42,800 shares, the days-to-cover ratio is presently 0.4 days. Approximately0.0% of the shares of the company are sold short.

Agri Bank China Trading Down 2.0%

OTCMKTS:ACGBY opened at $17.15 on Monday. The stock’s 50 day moving average price is $17.39 and its 200 day moving average price is $15.89. The company has a market capitalization of $240.09 billion, a PE ratio of 6.62 and a beta of 0.08. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.99. Agri Bank China has a 52-week low of $10.55 and a 52-week high of $18.45.

Agri Bank China Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, July 11th will be given a dividend of $0.3231 per share. This represents a yield of 358.0%. The ex-dividend date of this dividend is Thursday, July 10th. This is a positive change from Agri Bank China’s previous dividend of $0.31. Agri Bank China’s payout ratio is 25.10%.

About Agri Bank 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.