Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) Short Interest Update

Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 548 shares, a decline of 97.9% from the July 15th total of 26,105 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 3,595 shares, the short-interest ratio is currently 0.2 days.

Concordia Financial Group Price Performance

Shares of Concordia Financial Group stock opened at $35.14 on Thursday. Concordia Financial Group has a 52-week low of $19.93 and a 52-week high of $39.91. The company’s fifty day moving average price is $34.12 and its two-hundred day moving average price is $30.98.

Analysts Set New Price Targets

Separately, Zacks Research upgraded 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, According to MarketBeat, the company presently has a consensus rating of “Strong Buy”.

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.