Absa Group Limited (OTCMKTS:AGRPY) Sees Significant Growth in Short Interest

Absa Group Limited (OTCMKTS:AGRPY) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 2,200 shares, an increase of 69.2% from the May 31st total of 1,300 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is currently 4.4 days.

Absa Group Price Performance

Shares of Absa Group stock opened at $16.95 on Friday. The company has a fifty day moving average price of $16.73 and a 200 day moving average price of $16.79. Absa Group has a twelve month low of $14.36 and a twelve month high of $22.27.

About Absa Group

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.