Short Interest in Absa Group Limited (OTCMKTS:AGRPY) Drops By 76.9%

Absa Group Limited (OTCMKTS:AGRPYGet Free Report) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 204 shares, a decline of 76.9% from the July 30th total of 882 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 530 shares, the short-interest ratio is currently 0.4 days.

Absa Group Price Performance

AGRPY opened at $28.17 on Friday. Absa Group has a 12-month low of $20.62 and a 12-month high of $33.99. The business’s fifty day simple moving average is $27.32 and its 200-day simple moving average is $28.80.

About Absa Group

(Get Free Report)

Absa Group Limited is a South African-based financial services conglomerate headquartered in Johannesburg. The company offers a broad range of banking and financial products and services, including personal and business banking, corporate and investment banking, credit cards, wealth management and insurance solutions. Through its integrated platform, Absa delivers digital and branch-based services aimed at meeting the diverse needs of individual consumers, small- to medium-sized enterprises and large corporate clients.

In its retail banking division, Absa provides everyday banking services such as transactional accounts, home and vehicle finance, personal loans and savings products.

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