Absa Group Limited (OTCMKTS:AGRPY) Short Interest Up 62.5% in February

Absa Group Limited (OTCMKTS:AGRPY) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 1,300 shares, an increase of 62.5% from the February 13th total of 800 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 2.2 days.

Absa Group Stock Performance

Shares of OTCMKTS AGRPY opened at $20.28 on Friday. The stock’s fifty day simple moving average is $20.49 and its 200 day simple moving average is $20.03. Absa Group has a 52-week low of $14.36 and a 52-week high of $22.40.

Absa Group Company Profile

Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. It offers retail and business banking products and services; life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship and transactional banking services; mobile payments; and savings and investment products and services.