Canaccord Genuity Group Inc. (OTCMKTS:CCORF) Sees Significant Increase in Short Interest

Canaccord Genuity Group Inc. (OTCMKTS:CCORF – Get Free Report) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 337,200 shares, a growth of 13.5% from the October 15th total of 297,100 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 198.4 days.

Canaccord Genuity Group Stock Performance

Shares of Canaccord Genuity Group stock traded up $0.05 on Friday, hitting $7.27. 11,865 shares of the company traded hands, compared to its average volume of 8,369. The firm’s 50-day simple moving average is $6.81 and its 200 day simple moving average is $6.49. Canaccord Genuity Group has a 12-month low of $4.75 and a 12-month high of $7.36.

Canaccord Genuity Group Company Profile

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Canaccord Genuity Group Inc operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia. It operates through two segments: Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management. The Canaccord Genuity Capital Markets segment offers investment banking, advisory, research, and trading services for corporate, institutional, and government clients.

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