Agricultural Bank of China Limited (OTCMKTS:ACGBY) Short Interest Down 71.9% in October

Agricultural Bank of China Limited (OTCMKTS:ACGBY) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 7,700 shares, a drop of 71.9% from the September 30th total of 27,400 shares. Based on an average daily volume of 214,600 shares, the short-interest ratio is currently 0.0 days.

Agricultural Bank of China Stock Performance

Agricultural Bank of China stock traded up $0.17 during mid-day trading on Friday, reaching $12.83. The stock had a trading volume of 3,450 shares, compared to its average volume of 36,827. The firm has a market capitalization of $179.61 billion, a PE ratio of 5.13 and a beta of 0.09. The stock’s 50-day simple moving average is $11.76 and its 200-day simple moving average is $11.30. Agricultural Bank of China has a fifty-two week low of $8.88 and a fifty-two week high of $13.29.

Agricultural Bank of China (OTCMKTS:ACGBY) last released 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 9.30%. The firm 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.