Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) Short Interest Up 383.0% in April

Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 3,859 shares, a growth of 383.0% from the March 31st total of 799 shares. Based on an average trading volume of 19,419 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Concordia Financial Group Price Performance

Shares of OTCMKTS:CRDIY opened at $27.35 on Monday. The business has a 50 day moving average of $28.97 and a two-hundred day moving average of $26.25. Concordia Financial Group has a 12-month low of $17.63 and a 12-month high of $39.91.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Concordia Financial Group to a “hold” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.