Agricultural Bank of China Limited (OTCMKTS:ACGBY) Sees Significant Growth in Short Interest

Agricultural Bank of China Limited (OTCMKTS:ACGBY) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 33,500 shares, an increase of 252.6% from the August 15th total of 9,500 shares. Based on an average daily trading volume, of 50,900 shares, the short-interest ratio is currently 0.7 days.

Agricultural Bank of China Stock Performance

OTCMKTS:ACGBY opened at $11.34 on Friday. Agricultural Bank of China has a fifty-two week low of $8.65 and a fifty-two week high of $12.37. The company has a 50 day simple moving average of $11.14 and a two-hundred day simple moving average of $10.95. The company has a market capitalization of $158.68 billion, a PE ratio of 4.45 and a beta of 0.09.

Agricultural Bank of China (OTCMKTS:ACGBY) last posted its quarterly earnings data on Friday, August 30th. The company reported $0.62 earnings per share for the quarter. Agricultural Bank of China had a net margin of 19.55% and a return on equity of 9.68%. The company had revenue of $25 billion during the quarter.

Agricultural Bank of China Company Profile

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.