Agricultural Bank of China Limited (OTCMKTS:ACGBF) Short Interest Update

Agricultural Bank of China Limited (OTCMKTS:ACGBF) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 12,537,700 shares, a drop of 57.6% from the December 15th total of 29,572,400 shares. Based on an average trading volume of 40,600 shares, the days-to-cover ratio is presently 308.8 days.

Agricultural Bank of China Stock Performance

Shares of Agricultural Bank of China stock opened at $0.50 on Wednesday. The company has a 50-day simple moving average of $0.51 and a two-hundred day simple moving average of $0.47. Agricultural Bank of China has a one year low of $0.37 and a one year high of $0.58.

Agricultural Bank of China Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 3rd will be given a dividend of $0.1164 per share. The ex-dividend date is Thursday, January 2nd. This represents a yield of 2.85%. 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.