Agricultural Bank of China Limited (OTCMKTS:ACGBY – Get Rating) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totalling 32,700 shares, a drop of 32.4% from the June 15th total of 48,400 shares. Based on an average daily volume of 74,800 shares, the days-to-cover ratio is presently 0.4 days.

Agricultural Bank of China Stock Down 0.7 %

Shares of ACGBY stock opened at $8.00 on Friday. The stock has a market cap of $111.99 billion, a P/E ratio of 3.17 and a beta of 0.35. Agricultural Bank of China has a one year low of $7.93 and a one year high of $10.03. The stock has a fifty day moving average price of $9.18 and a 200 day moving average price of $9.30. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.16 and a quick ratio of 1.16.

Agricultural Bank of China Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, August 22nd. Shareholders of record on Thursday, July 7th will be issued a dividend of $0.6816 per share. The ex-dividend date of this dividend is Wednesday, July 6th. This represents a dividend yield of 7.18%. Agricultural Bank of China's payout ratio is presently 26.98%.

Agricultural Bank of China Company Profile

Agricultural Bank of China Limited provides corporate and retail banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It offers demand, personal call, foreign currency time, foreign currency call, time or demand optional, foreign exchange demand, foreign exchange call, foreign exchange time, certificates of deposit, savings, agreed-term, and negotiated deposits; and loans comprise 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.

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