Short Interest in Aozora Bank, Ltd. (OTCMKTS:AOZOY) Rises By 52,300.0%

Aozora Bank, Ltd. (OTCMKTS:AOZOY) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 524 shares, an increase of 52,300.0% from the May 31st total of 1 shares. Based on an average daily trading volume, of 392 shares, the short-interest ratio is presently 1.3 days.

Aozora Bank Price Performance

Shares of AOZOY opened at $4.41 on Friday. The firm has a fifty day simple moving average of $4.20 and a two-hundred day simple moving average of $4.01. Aozora Bank has a twelve month low of $3.65 and a twelve month high of $4.41.

Aozora Bank Company Profile

Aozora Bank, Ltd. is a Japan-based commercial bank headquartered in Tokyo. The institution traces its roots to Nippon Credit Bank, founded in 1957 to support post-war reconstruction financing. Following a government-led restructuring in the late 1990s to address non-performing loans, the bank was privatized and rebranded as Aozora Bank in 2000. It is publicly traded in Japan and makes its shares available to international investors over the counter under the symbol AOZOY.

The bank’s core business centers on corporate and institutional banking, with a focus on loan syndications, asset-backed financing, project finance, and structured products.