Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) Short Interest Down 82.3% in August

Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 97 shares, a drop of 82.3% from the July 30th total of 548 shares. Based on an average trading volume of 2,234 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Concordia Financial Group Price Performance

OTCMKTS CRDIY opened at $37.16 on Wednesday. The business’s 50 day moving average price is $34.85 and its 200-day moving average price is $31.58. Concordia Financial Group has a fifty-two week low of $19.93 and a fifty-two week high of $39.91.

Analysts Set New Price Targets

Separately, Zacks Research raised Concordia Financial Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat, Concordia Financial Group presently has an average rating of “Strong Buy”.

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.