Agri Bank China (OTCMKTS:ACGBY) Short Interest Up 279.2% in August

Agri Bank China (OTCMKTS:ACGBY) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 18,200 shares, a growth of 279.2% from the August 15th total of 4,800 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 84,200 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 84,200 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Agri Bank China Price Performance

Shares of Agri Bank China stock opened at $17.85 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.88 and a quick ratio of 0.88. The business’s 50 day simple moving average is $17.19 and its two-hundred day simple moving average is $16.31. The stock has a market capitalization of $249.89 billion, a P/E ratio of 6.89 and a beta of 0.11. Agri Bank China has a one year low of $10.93 and a one year high of $18.45.

Agri Bank China (OTCMKTS:ACGBY) last announced its quarterly earnings results on Friday, August 29th. The company reported $0.62 EPS for the quarter. Agri Bank China had a return on equity of 9.26% and a net margin of 20.80%.The business had revenue of $25.31 billion for the quarter.

Agri Bank China Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 11th. Stockholders of record on Friday, July 11th were paid a dividend of $0.3231 per share. This represents a dividend yield of 358.0%. This is a boost from Agri Bank China’s previous dividend of $0.31. The ex-dividend date of this dividend was Thursday, July 10th. Agri Bank China’s payout ratio is presently 25.10%.

Agri Bank 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.