Agri Bank China (OTCMKTS:ACGBY) Sees Significant Growth in Short Interest

Agri Bank China (OTCMKTS:ACGBYGet Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 79,900 shares, a growth of 1,352.7% from the September 30th total of 5,500 shares. Based on an average daily volume of 157,000 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 157,000 shares, the days-to-cover ratio is currently 0.5 days.

Agri Bank China Price Performance

Shares of OTCMKTS:ACGBY opened at $19.51 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 1.22 and a debt-to-equity ratio of 0.99. Agri Bank China has a twelve month low of $11.79 and a twelve month high of $19.83. The stock’s 50 day moving average is $17.32 and its 200-day moving average is $16.81. The firm has a market capitalization of $273.13 billion, a price-to-earnings ratio of 7.53 and a beta of 0.08.

Agri Bank China (OTCMKTS:ACGBYGet Free Report) last issued its earnings results on Friday, August 29th. The company reported $0.62 earnings per share for the quarter. Agri Bank China had a return on equity of 9.22% and a net margin of 20.80%.The company had revenue of $25.31 billion for the quarter.

About Agri Bank China

(Get Free Report)

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.

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