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

Agricultural Bank of China Limited (OTCMKTS:ACGBF) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 57,965,500 shares, a drop of 51.2% from the May 31st total of 118,721,500 shares. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is presently 12,881.2 days.

Agricultural Bank of China Stock Performance

Agricultural Bank of China stock opened at $0.44 on Friday. Agricultural Bank of China has a 52-week low of $0.31 and a 52-week high of $0.45. The firm has a 50 day moving average price of $0.42 and a two-hundred day moving average price of $0.40.

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.