Concordia Financial Group, Ltd. (OTCMKTS:CRDIY – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 41,423 shares, a growth of 329.0% from the May 14th total of 9,656 shares. Based on an average daily trading volume, of 26,453 shares, the short-interest ratio is presently 1.6 days. Approximately 0.0% of the company’s shares are short sold.
Analyst Ratings Changes
Separately, Zacks Research upgraded Concordia Financial Group to a “hold” rating in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.
Check Out Our Latest Research Report on Concordia Financial Group
Concordia Financial Group Stock Performance
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.
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