Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) Short Interest Down 36.4% in June

Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 26,325 shares, a decrease of 36.4% from the May 31st total of 41,423 shares. Based on an average daily trading volume, of 19,298 shares, the short-interest ratio is presently 1.4 days. Approximately 0.0% of the company’s stock are short sold.

Concordia Financial Group Stock Performance

Shares of CRDIY stock opened at $34.08 on Friday. The firm has a fifty day simple moving average of $31.13 and a 200-day simple moving average of $28.99. Concordia Financial Group has a twelve month low of $18.50 and a twelve month high of $39.91.

Analysts Set New Price Targets

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, According to MarketBeat, the stock presently has an average rating of “Hold”.

About Concordia Financial Group

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.