Agricultural Bank of China Limited (OTCMKTS:ACGBF – Get Free Report) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 26,339,574 shares, an increase of 51.7% from the January 29th total of 17,358,868 shares. Based on an average daily trading volume, of 24 shares, the short-interest ratio is currently 1,097,482.3 days. Based on an average daily trading volume, of 24 shares, the short-interest ratio is currently 1,097,482.3 days.
Agricultural Bank of China Stock Performance
Shares of OTCMKTS:ACGBF opened at $0.67 on Friday. Agricultural Bank of China has a 12 month low of $0.53 and a 12 month high of $0.82. The company’s fifty day moving average price is $0.69 and its 200 day moving average price is $0.70.
Agricultural Bank of China Company Profile
Agricultural Bank of China Limited, one of China’s “Big Four” state-owned commercial banks, offers a broad range of financial products and services to individuals, corporations and government entities. Established in 1951 as the Agricultural Cooperative Bank and reorganized in 1979 as a standalone commercial bank, it has maintained a strategic focus on serving the agricultural sector, rural communities and urban enterprises. Through its extensive domestic branch network, the bank provides deposit-taking, lending, trade finance, treasury operations and risk management solutions.
In its retail segment, Agricultural Bank of China delivers personal deposit accounts, mortgage financing, auto loans, credit card services and wealth management products.
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