JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY) Short Interest Update

JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY – Get Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 6,327 shares, a drop of 40.5% from the July 30th total of 10,628 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 85,927 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded JAPAN POST BANK from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Get JAPAN POST BANK alerts:

View Our Latest Stock Analysis on JPPTY

JAPAN POST BANK Price Performance

Shares of JPPTY traded up $0.40 during mid-day trading on Monday, hitting $21.16. The company’s stock had a trading volume of 6,646 shares, compared to its average volume of 149,921. The company’s 50-day moving average is $19.99 and its 200-day moving average is $18.85. JAPAN POST BANK has a 52-week low of $9.46 and a 52-week high of $22.79.

About JAPAN POST BANK

(Get Free Report)

Japan Post Bank Co, Ltd. is one of Japan’s largest retail banks, operating as a subsidiary of Japan Post Holdings. Leveraging the extensive network of post office branches across Japan, the bank provides a full suite of deposit and payment services designed to meet the needs of individual consumers, small- and medium-sized enterprises, and public sector clients. Its broad branch footprint enables convenient access to banking services even in rural areas, underpinning a strong domestic deposit base.

The bank’s core offerings include savings and time deposit accounts, domestic and international remittance services, and foreign currency deposit products.

Featured Stories

• Five stocks we like better than JAPAN POST BANK
• 3 Stocks for Investors Who Still Believe Cash Is King
• Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
• AST SpaceMobile Is Down 54%—Can FCC Progress and BlueBirds Reverse the Slide?
• Don’t Miss These 3 Companies Delivering Strong Guidance Updates

Receive News & Ratings for JAPAN POST BANK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JAPAN POST BANK and related companies with MarketBeat.com's FREE daily email newsletter.