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

Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) was the target of a large growth in short interest in 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. Currently, 0.0% of the company’s stock are sold short.

Concordia Financial Group Trading Up 2.5%

CRDIY stock opened at $32.51 on Friday. Concordia Financial Group has a 52-week low of $18.50 and a 52-week high of $39.91. The business has a 50-day simple moving average of $29.84 and a two-hundred day simple moving average of $28.03.

Analyst Ratings Changes

Separately, Zacks Research raised Concordia Financial Group to a “hold” rating in a research report on Thursday, April 9th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus 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.