Agricultural Bank of China Limited (OTCMKTS:ACGBY) Sees Large Increase in Short Interest

Agricultural Bank of China Limited (OTCMKTS:ACGBY) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 4,900 shares, an increase of 122.7% from the February 13th total of 2,200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 31,900 shares, the days-to-cover ratio is presently 0.2 days.

Agricultural Bank of China Stock Performance

ACGBY opened at $15.96 on Friday. The stock’s 50 day moving average price is $14.20 and its 200-day moving average price is $13.07. Agricultural Bank of China has a 52-week low of $9.93 and a 52-week high of $16.53. The stock has a market capitalization of $223.43 billion, a PE ratio of 6.28 and a beta of 0.05.

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.