Absa Group Limited (OTCMKTS:AGRPY) Short Interest Up 37.5% in March

Published 1 month ago• 2 minute read

– Get Free Report) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 2,200 shares, a growth of 37.5% from the March 15th total of 1,600 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 3.1 days.

Shares of Absa Group stock opened at $17.89 on Friday. Absa Group has a 1-year low of $14.36 and a 1-year high of $22.40. The business’s fifty day moving average price is $19.51 and its two-hundred day moving average price is $19.84.

The business also recently disclosed a dividend, which will be paid on Friday, May 9th. Investors of record on Monday, April 28th will be issued a $0.6107 dividend. The ex-dividend date is Friday, April 25th. This represents a yield of 6.77%. This is an increase from Absa Group’s previous dividend of $0.60. Absa Group’s dividend payout ratio is presently 46.51%.

(Get Free Report)

Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. It offers retail and business banking products and services; life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship and transactional banking services; mobile payments; and savings and investment products and services.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Absa Group and related companies with MarketBeat.com's FREE daily email newsletter.