Agricultural Bank of China Limited (OTCMKTS:ACGBY) Sees Significant Drop in Short Interest

Agricultural Bank of China Limited (OTCMKTS:ACGBY) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 34,600 shares, a drop of 31.1% from the March 15th total of 50,200 shares. Based on an average daily trading volume, of 51,300 shares, the short-interest ratio is currently 0.7 days.

Agricultural Bank of China Trading Down 3.1 %

OTCMKTS:ACGBY opened at $10.39 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market cap of $145.38 billion, a price-to-earnings ratio of 4.12 and a beta of 0.15. Agricultural Bank of China has a 52 week low of $7.93 and a 52 week high of $10.86. The firm has a 50-day moving average price of $10.30 and a two-hundred day moving average price of $9.63.

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.