Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) Short Interest Down 82.3% in August

Concordia Financial Group, Ltd. (OTCMKTS:CRDIY – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 97 shares, a drop of 82.3% from the July 30th total of 548 shares. Based on an average trading volume of 2,234 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Concordia Financial Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Concordia Financial Group presently has an average rating of “Strong Buy”.

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Concordia Financial Group Price Performance

Shares of CRDIY stock opened at $37.16 on Thursday. The stock has a 50-day moving average of $34.93 and a 200-day moving average of $31.65. Concordia Financial Group has a one year low of $19.93 and a one year high of $39.91.

About Concordia Financial Group

(Get Free Report)

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.

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