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

Fukuoka Financial Group, Inc. (OTCMKTS:FKKFF) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 371,311 shares, a drop of 44.5% from the April 30th total of 669,142 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Fukuoka Financial Group Price Performance

Fukuoka Financial Group stock remained flat at $27.21 during midday trading on Tuesday. The company has a market cap of $23.39 billion, a price-to-earnings ratio of -50.39 and a beta of 0.03. Fukuoka Financial Group has a fifty-two week low of $23.58 and a fifty-two week high of $27.21. The business has a fifty day simple moving average of $27.21 and a two-hundred day simple moving average of $27.21.

Fukuoka Financial Group Company Profile

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.