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

Agricultural Bank of China Limited (OTCMKTS:ACGBF) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,209,200 shares, a decrease of 82.7% from the August 15th total of 7,007,000 shares. Based on an average daily trading volume, of 8,800 shares, the days-to-cover ratio is presently 137.4 days. Based on an average daily trading volume, of 8,800 shares, the days-to-cover ratio is presently 137.4 days.

Agricultural Bank of China Stock Up 7.8%

Shares of Agricultural Bank of China stock opened at $0.76 on Friday. Agricultural Bank of China has a 1 year low of $0.45 and a 1 year high of $0.76. The stock has a fifty day moving average price of $0.69 and a 200-day moving average price of $0.64.

Agricultural Bank of China Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, August 27th. Stockholders of record on Thursday, July 10th were paid a dividend of $0.1255 per share. The ex-dividend date was Wednesday, July 9th. This is a positive change from Agricultural Bank of China’s previous dividend of $0.12. Agricultural Bank of China’s dividend payout ratio is currently 31.95%.

About Agricultural Bank of 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.