Short Interest in JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY) Increases By 306.2%

JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 25,701 shares, a growth of 306.2% from the August 15th total of 6,327 shares. Based on an average daily volume of 127,265 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

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 equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

JAPAN POST BANK Stock Performance

JAPAN POST BANK stock opened at $21.57 on Friday. JAPAN POST BANK has a one year low of $9.46 and a one year high of $22.79. The stock’s fifty day moving average price is $20.37 and its two-hundred day moving average price is $18.93.

About JAPAN POST BANK

Japan Post Bank Co, Ltd. is a Japanese financial institution that provides banking and savings services to individuals, businesses and public-sector customers. Its offerings include ordinary and time deposits, domestic and international fund transfers, payments, foreign-exchange services, investment trusts and other asset-management products.

The bank operates through its own banking channels and an extensive network of Japan Post offices across Japan, giving it a broad presence in urban, regional and rural communities.