JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY) Sees Large Increase in Short Interest

JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTYGet Free Report) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 25,701 shares, an increase of 306.2% from the August 15th total of 6,327 shares. Based on an average daily volume of 127,265 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of JAPAN POST BANK from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

View Our Latest Stock Analysis on JAPAN POST BANK

JAPAN POST BANK Trading Up 1.9%

OTCMKTS:JPPTY opened at $21.57 on Friday. JAPAN POST BANK has a one year low of $9.46 and a one year high of $22.79. The firm’s 50 day simple moving average is $20.37 and its 200 day simple moving average is $18.93.

About JAPAN POST BANK

(Get Free Report)

Japan Post Bank Co, Ltd. is a Japanese financial institution that provides banking and savings services to individuals, businesses and public-sector customers. Its offerings include ordinary and time deposits, domestic and international fund transfers, payments, foreign-exchange services, investment trusts and other asset-management products.

The bank operates through its own banking channels and an extensive network of Japan Post offices across Japan, giving it a broad presence in urban, regional and rural communities.

Further Reading

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