Fukuoka Financial Group, Inc. (OTCMKTS:FKKFF) Sees Significant Growth in Short Interest

Fukuoka Financial Group, Inc. (OTCMKTS:FKKFF) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 270,114 shares, an increase of 108.2% from the July 30th total of 129,722 shares. Based on an average daily volume of 20 shares, the days-to-cover ratio is currently 13,505.7 days. Currently, 0.0% of the shares of the company are short sold.

Fukuoka Financial Group Stock Performance

OTCMKTS FKKFF opened at $46.65 on Friday. The firm’s fifty day moving average is $34.60 and its two-hundred day moving average is $29.79. Fukuoka Financial Group has a one year low of $27.21 and a one year high of $46.65. The firm has a market cap of $40.11 billion, a PE ratio of -86.39 and a beta of 0.03.

About Fukuoka Financial Group

Fukuoka Financial Group, Inc, through its subsidiaries, provides various banking services to individual and corporate customers. The company accepts various deposits, such as current deposits, ordinary and other demand deposits, time deposits, and negotiable certificates of deposit, as well as provides loan products. It is also involved in securities, office work agent, loan guarantee, system development and operation, assessment and analysis, credit card, collateral valuation, credit management and collection, consulting, insurance, research and development, investments, and factoring businesses.