Short Interest in Absa Group Limited (OTCMKTS:AGRPY) Drops By 42.9%

Absa Group Limited (OTCMKTS:AGRPY) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 400 shares, adropof42.9% from the July 15th total of 700 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 400 shares, the short-interest ratio is currently 1.0 days.

Absa Group Price Performance

Shares of OTCMKTS AGRPY opened at $22.24 on Monday. Absa Group has a 12-month low of $16.06 and a 12-month high of $22.40. The stock’s 50 day simple moving average is $19.87 and its 200 day simple moving average is $19.47.

About Absa Group

Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. It offers retail and business banking products and services; life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship and transactional banking services; mobile payments; and savings and investment products and services.