Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) Short Interest Up 83.4% in April

Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 7,077 shares, a growth of 83.4% from the April 15th total of 3,859 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 15,753 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

Separately, Zacks Research raised shares of 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, the company presently has a consensus rating of “Hold”.

Concordia Financial Group Stock Up 0.3%

Shares of CRDIY opened at $30.09 on Tuesday. The company has a 50 day moving average price of $28.19 and a 200-day moving average price of $26.99. Concordia Financial Group has a fifty-two week low of $18.16 and a fifty-two week high of $39.91.

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.