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

Agricultural Bank of China Limited (OTCMKTS:ACGBF) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 19,421,450 shares, a growth of 58.1% from the December 31st total of 12,286,923 shares. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is presently 8,827.9 days. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is presently 8,827.9 days.

Agricultural Bank of China Price Performance

Agricultural Bank of China stock opened at $0.67 on Friday. The stock’s 50 day moving average is $0.69 and its 200 day moving average is $0.70. Agricultural Bank of China has a one year low of $0.51 and a one year high of $0.82.

Agricultural Bank of China Company Profile

Agricultural Bank of China Limited, one of China’s “Big Four” state-owned commercial banks, offers a broad range of financial products and services to individuals, corporations and government entities. Established in 1951 as the Agricultural Cooperative Bank and reorganized in 1979 as a standalone commercial bank, it has maintained a strategic focus on serving the agricultural sector, rural communities and urban enterprises. Through its extensive domestic branch network, the bank provides deposit-taking, lending, trade finance, treasury operations and risk management solutions.

In its retail segment, Agricultural Bank of China delivers personal deposit accounts, mortgage financing, auto loans, credit card services and wealth management products.