Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBF) Expands By 111.5%

Agricultural Bank of China Limited (OTCMKTS:ACGBF) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 27,904,481 shares, a growth of 111.5% from the July 30th total of 13,190,920 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Agricultural Bank of China Price Performance

ACGBF opened at $0.80 on Friday. The business’s fifty day simple moving average is $0.73 and its 200 day simple moving average is $0.72. Agricultural Bank of China has a 52 week low of $0.62 and a 52 week high of $0.82.

About Agricultural Bank of China

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.