JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY) Short Interest Update

JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 10,628 shares, a decline of 70.3% from the July 15th total of 35,830 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 236,836 shares, the short-interest ratio is currently 0.0 days.

JAPAN POST BANK Stock Up 0.8%

OTCMKTS JPPTY traded up $0.17 on Friday, reaching $20.42. The stock had a trading volume of 98,343 shares, compared to its average volume of 91,465. JAPAN POST BANK has a 12-month low of $9.46 and a 12-month high of $22.79. The stock has a fifty day moving average price of $19.91 and a two-hundred day moving average price of $18.69.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of JAPAN POST BANK from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

JAPAN POST BANK Company Profile

Japan Post Bank Co, Ltd. is one of Japan’s largest retail banks, operating as a subsidiary of Japan Post Holdings. Leveraging the extensive network of post office branches across Japan, the bank provides a full suite of deposit and payment services designed to meet the needs of individual consumers, small- and medium-sized enterprises, and public sector clients. Its broad branch footprint enables convenient access to banking services even in rural areas, underpinning a strong domestic deposit base.

The bank’s core offerings include savings and time deposit accounts, domestic and international remittance services, and foreign currency deposit products.