Concordia Financial Group, Ltd. (OTCMKTS:CCRDF) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 1,504,100 shares, a decline of 17.9% from the March 31st total of 1,832,900 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is presently 366.9 days.
Separately, The Goldman Sachs Group cut shares of Concordia Financial Group from a “buy” rating to a “neutral” rating in a research report on Wednesday, March 31st.
CCRDF stock remained flat at $$4.10 during trading on Tuesday. Concordia Financial Group has a 12 month low of $4.10 and a 12 month high of $4.10.
Concordia Financial Group, Ltd., through its subsidiaries, provides various banking products and services to small and medium-sized businesses and individuals. It offers various deposit and loan products. The company also provides securities, leasing, survey research and other information, venture capital, and other financial services.
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