Agri Bank China (OTCMKTS:ACGBY) Short Interest Update

Key Points

• Agri Bank China experienced a significant 279.2% increase in short interest in August, with total short interest reaching 18,200 shares.
• The bank reported earnings of $0.62 per share for the last quarter, along with a revenue of $25.31 billion.
• Agri Bank China has increased its dividend to $0.3231 per share, reflecting a dividend yield of 358.0%.

Agri Bank China (OTCMKTS:ACGBY - Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 18,200 shares, an increase of 279.2% from the August 15th total of 4,800 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 84,200 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 84,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Agri Bank China Price Performance

Shares of ACGBY traded down $0.33 during trading hours on Monday, reaching $17.52. 11,169 shares of the company traded hands, compared to its average volume of 30,315. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $245.27 billion, a PE ratio of 6.76 and a beta of 0.11. Agri Bank China has a fifty-two week low of $10.93 and a fifty-two week high of $18.45. The stock has a fifty day simple moving average of $17.19 and a 200 day simple moving average of $16.35.

Agri Bank China (OTCMKTS:ACGBY - Get Free Report) last posted its quarterly earnings data on Friday, August 29th. The company reported $0.62 EPS for the quarter. The business had revenue of $25.31 billion for the quarter. Agri Bank China had a return on equity of 9.26% and a net margin of 20.80%.

Agri Bank China Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 11th. Investors of record on Friday, July 11th were paid a dividend of $0.3231 per share. The ex-dividend date of this dividend was Thursday, July 10th. This is an increase from Agri Bank China's previous dividend of $0.31. This represents a dividend yield of 358.0%. Agri Bank China's dividend payout ratio is 25.10%.

Agri Bank 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.