Resona Holdings, Inc. (OTCMKTS:RSNHF) Short Interest Down 23.8% in July

Resona Holdings, Inc. (OTCMKTS:RSNHF) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 6,239,400 shares, a drop of 23.8% from the July 15th total of 8,191,500 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 2,971.1 days.

Resona Price Performance

Resona stock traded up $0.53 during mid-day trading on Wednesday, reaching $6.78. 14 shares of the company’s stock were exchanged, compared to its average volume of 1,635. The company has a fifty day moving average of $6.61 and a 200-day moving average of $6.27. Resona has a twelve month low of $4.80 and a twelve month high of $7.33.

Resona Company Profile

Resona Holdings, Inc, through its subsidiaries, provides retail and commercial banking products and services in Japan and internationally. It operates through Consumer Banking, Corporate Banking, and Market Trading segments. The Consumer Banking segment provides consulting services, that includes consumer loan, asset management, and asset succession services to individuals.