Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) Short Interest Update

Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 7,077 shares, an increase of 83.4% from the April 15th total of 3,859 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 15,753 shares, the days-to-cover ratio is presently 0.4 days.

Concordia Financial Group Stock Performance

OTCMKTS CRDIY opened at $30.00 on Monday. Concordia Financial Group has a twelve month low of $18.16 and a twelve month high of $39.91. The stock has a fifty day simple moving average of $28.24 and a 200-day simple moving average of $26.94.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Concordia Financial Group to a “hold” rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Concordia Financial Group Company Profile

Concordia Financial Group, Inc is a regional financial holding company headquartered in Japan’s Kanto region. Established in March 2015 through the merger of two regional banks, the company provides banking and financial services under its principal operating subsidiaries, The Joyo Bank, Ltd. and Ibaraki Bank, Ltd. As a bank holding company, Concordia Financial Group oversees strategic planning, risk management and corporate governance for its banking operations.

The group’s core business activities encompass deposit-taking, lending, foreign exchange, trade finance and cash management services for both individual and corporate clients.