Agricultural Bank of China Limited (OTCMKTS:ACGBF) Sees Significant Decrease in Short Interest

Agricultural Bank of China Limited (OTCMKTS:ACGBF) was the target of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 5,324,700 shares, a decline of 28.5% from the October 15th total of 7,444,000 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is presently 3,132.2 days.

Agricultural Bank of China Price Performance

OTCMKTS:ACGBF opened at $0.50 on Friday. The stock has a 50 day simple moving average of $0.48 and a 200 day simple moving average of $0.45. Agricultural Bank of China has a 1-year low of $0.36 and a 1-year high of $0.55.

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.