Short Interest in Concordia Financial Group, Ltd. (OTCMKTS:CCRDF) Increases By 29.9%

Concordia Financial Group, Ltd. (OTCMKTS:CCRDF – Get Rating) was the target of a large increase in short interest during the month of December. As of December 30th, there was short interest totalling 2,384,600 shares, an increase of 29.9% from the December 15th total of 1,835,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 23,846.0 days.

Analyst Upgrades and Downgrades

Separately, Daiwa Capital Markets upgraded Concordia Financial Group from a “neutral” rating to an “outperform” rating in a research note on Wednesday, December 14th.

Concordia Financial Group Stock Performance

CCRDF stock opened at $4.25 on Friday. Concordia Financial Group has a 1 year low of $4.25 and a 1 year high of $4.25. The stock’s fifty day moving average price is $3.46 and its 200-day moving average price is $3.37.

Concordia Financial Group Company Profile

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Concordia Financial Group, Ltd. provides various banking products and services to small and medium-sized businesses and individuals. The company offers various deposit and loan products; and securities, leasing, survey research and other information, venture capital, and other financial services. It operates through a network of 205 branches and 5 overseas locations; and sub-branches, ATMs, and representative offices in Japan and internationally.