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

JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 99,995 shares, a decrease of 81.4% from the April 15th total of 538,890 shares. Based on an average daily trading volume, of 196,745 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

JAPAN POST BANK Price Performance

Shares of JPPTY remained flat at $17.98 during trading hours on Thursday. The stock had a trading volume of 67,992 shares, compared to its average volume of 213,352. JAPAN POST BANK has a one year low of $9.46 and a one year high of $22.79. The firm has a fifty day moving average of $17.05 and a 200 day moving average of $15.22.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Zacks Research upgraded JAPAN POST BANK to a “hold” rating in a report on Wednesday, April 8th. The Goldman Sachs Group upgraded JAPAN POST BANK to a “buy” rating in a report on Monday, January 26th. One 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, the stock presently has a consensus rating of “Moderate Buy”.

About JAPAN POST BANK

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.