Agricultural Bank of China Limited (OTCMKTS:ACGBF) Short Interest Up 74.0% in February

Agricultural Bank of China Limited (OTCMKTS:ACGBF) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 60,498,800 shares, an increase of 74.0% from the January 31st total of 34,772,400 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 43,213.4 days.

Agricultural Bank of China Price Performance

Shares of OTCMKTS:ACGBF opened at $0.55 on Friday. The stock’s 50-day simple moving average is $0.53 and its two-hundred day simple moving average is $0.49. Agricultural Bank of China has a 52-week low of $0.40 and a 52-week high of $0.59.

Agricultural Bank of China Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 3rd were given a dividend of $0.1164 per share. This represents a dividend yield of 2.85%. The ex-dividend date of this dividend was Thursday, January 2nd. Agricultural Bank of China’s payout ratio is 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.