Absa Group Limited (OTCMKTS:AGRPY) Short Interest Up 500.0% in April

Absa Group Limited (OTCMKTS:AGRPY) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 600 shares, a growth of 500.0% from the March 31st total of 100 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 0.3 days.

Absa Group Trading Up 1.8 %

OTCMKTS:AGRPY opened at $14.90 on Friday. The company’s 50 day moving average price is $16.33 and its 200-day moving average price is $17.36. Absa Group has a 52 week low of $14.36 and a 52 week high of $22.27.

Absa Group Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 2nd. Investors of record on Friday, April 19th will be issued a $0.5707 dividend. The ex-dividend date is Thursday, April 18th. This is a boost from Absa Group’s previous dividend of $0.55. Absa Group’s dividend payout ratio (DPR) is currently 46.51%.

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.