Agricultural Bank of China Limited (OTCMKTS:ACGBY) Short Interest Down 84.4% in October

Agricultural Bank of China Limited (OTCMKTS:ACGBY) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 1,200 shares, a decline of 84.4% from the October 15th total of 7,700 shares. Based on an average daily volume of 21,100 shares, the days-to-cover ratio is presently 0.1 days.

Agricultural Bank of China Price Performance

ACGBY opened at $12.20 on Thursday. The stock has a 50-day moving average price of $12.10 and a 200-day moving average price of $11.47. The firm has a market cap of $170.79 billion, a PE ratio of 4.81 and a beta of 0.08. Agricultural Bank of China has a 1 year low of $8.89 and a 1 year high of $13.30.

Agricultural Bank of China (OTCMKTS:ACGBY) last posted its quarterly earnings results on Friday, August 30th. The company reported $0.62 earnings per share (EPS) for the quarter. The firm had revenue of $25 billion during the quarter. Agricultural Bank of China had a return on equity of 9.11% and a net margin of 19.68%.

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.