Absa Group Limited (OTCMKTS:AGRPY) Sees Large Drop in Short Interest

Absa Group Limited (OTCMKTS:AGRPY) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 700 shares, a drop of 41.7% from the June 30th total of 1,200 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 0.2 days.

Absa Group Stock Performance

AGRPY stock opened at $18.45 on Friday. The company has a 50-day moving average of $17.45 and a two-hundred day moving average of $16.84. Absa Group has a 52-week low of $14.36 and a 52-week high of $22.27.

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.