Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) Sees Large Decline in Short Interest

Concordia Financial Group, Ltd. (OTCMKTS:CRDIY) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 2,549 shares, a decline of 29.7% from the January 15th total of 3,625 shares. Based on an average trading volume of 1,233 shares, the days-to-cover ratio is currently 2.1 days. Based on an average trading volume of 1,233 shares, the days-to-cover ratio is currently 2.1 days.

Concordia Financial Group Price Performance

OTCMKTS:CRDIY opened at $33.01 on Friday. Concordia Financial Group has a 52 week low of $14.28 and a 52 week high of $33.87. The firm has a 50 day moving average of $26.20 and a 200 day moving average of $23.60.

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.