Absa Group Limited (OTCMKTS:AGRPY) Sees Significant Increase in Short Interest

Absa Group Limited (OTCMKTS:AGRPY) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 700 shares, a growth of 250.0% from the November 30th total of 200 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 1.2 days.

Absa Group Stock Performance

Absa Group stock remained flat at $20.57 during mid-day trading on Thursday. 4 shares of the company’s stock were exchanged, compared to its average volume of 1,365. Absa Group has a twelve month low of $14.36 and a twelve month high of $22.40. The company has a fifty day moving average price of $19.85 and a two-hundred day moving average price of $18.89.

Absa Group Company Profile

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.