JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 57,480 shares, a decline of 40.4% from the September 30th total of 96,422 shares. Based on an average daily volume of 118,760 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.
Analysts Set New Price Targets
Separately, Zacks Research upgraded JAPAN POST BANK from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
Get Our Latest Report on JPPTY
JAPAN POST BANK Price Performance
JPPTY stock opened at $18.97 on Tuesday. The firm has a fifty day moving average price of $20.55 and a 200 day moving average price of $19.07. JAPAN POST BANK has a fifty-two week low of $9.46 and a fifty-two week high of $24.15.
About JAPAN POST BANK
Japan Post Bank Co, Ltd. is a Japanese financial institution and a member of the Japan Post Group. The bank provides retail banking services to individuals, businesses and public-sector customers, including ordinary and time deposits, money transfers, payment services, foreign-currency transactions and investment-related products.
Japan Post Bank distributes many of its services through Japan Post offices, giving it a broad presence across Japan, including communities that may have limited access to other banking providers.
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