Credit Saison Co., Ltd. (OTCMKTS:CSASF) Sees Significant Increase in Short Interest

Credit Saison Co., Ltd. (OTCMKTS:CSASF) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 317,112 shares, an increase of 119.4% from the July 30th total of 144,554 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Credit Saison Price Performance

Shares of CSASF stock remained flat at C$23.61 during trading on Friday. Credit Saison has a 12 month low of C$23.61 and a 12 month high of C$27.49. The stock has a 50-day moving average of C$23.61 and a two-hundred day moving average of C$23.61.

Credit Saison Company Profile

Credit Saison Co, Ltd. is a Tokyo-based financial services company primarily engaged in credit card issuance and consumer lending. Established as a spin-off from Seibu Credit in 1989, Credit Saison has grown into one of Japan’s leading card issuers, offering a broad range of payment and financing solutions to individuals and corporate clients. The company’s flagship product, the Saison Card, is accepted across Visa, Mastercard and American Express networks, and is complemented by a loyalty program called “Permanent Points,” which rewards cardholders for everyday purchases and special promotions.

In addition to its core credit card business, Credit Saison provides consumer finance services that include unsecured personal loans, installment payment plans and credit guarantee products.