Agricultural Bank of China Limited (OTCMKTS:ACGBY) Short Interest Down 72.2% in June

Agricultural Bank of China Limited (OTCMKTS:ACGBY) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 500 shares, a drop of 72.2% from the May 31st total of 1,800 shares. Based on an average daily trading volume, of 20,800 shares, the days-to-cover ratio is currently 0.0 days.

Agricultural Bank of China Stock Performance

Shares of OTCMKTS ACGBY traded down $0.01 during mid-day trading on Thursday, hitting $10.70. The company had a trading volume of 4,618 shares, compared to its average volume of 10,298. The company has a market capitalization of $149.79 billion, a price-to-earnings ratio of 4.25 and a beta of 0.10. Agricultural Bank of China has a 1 year low of $7.93 and a 1 year high of $12.37. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.76. The stock’s 50-day moving average price is $11.15 and its 200-day moving average price is $10.35.

Agricultural Bank of China (OTCMKTS:ACGBY) last announced its quarterly earnings results on Monday, April 29th. The company reported $0.66 earnings per share for the quarter. The company had revenue of $26 billion during the quarter. Agricultural Bank of China had a return on equity of 9.70% and a net margin of 20.66%.

Agricultural Bank of China Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, July 15th. Investors of record on Friday, May 31st will be paid a dividend of $0.6676 per share. The ex-dividend date of this dividend is Thursday, May 30th.

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.