Agricultural Bank of China Limited (OTCMKTS:ACGBF – Get Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 7,002,242 shares, a decline of 79.0% from the April 15th total of 33,303,967 shares. Based on an average trading volume of 272,727 shares, the short-interest ratio is currently 25.7 days.
Agricultural Bank of China Price Performance
Agricultural Bank of China stock opened at $0.81 on Friday. The stock’s 50 day moving average price is $0.71 and its 200 day moving average price is $0.71. Agricultural Bank of China has a one year low of $0.60 and a one year 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.
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