AGF Management Limited (OTCMKTS:AGFMF – Get Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 27,700 shares, a growth of 103.7% from the June 15th total of 13,600 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is presently 2.6 days.
Wall Street Analyst Weigh In
Separately, Desjardins increased their target price on AGF Management from $10.00 to $11.50 and gave the company a “buy” rating in a report on Tuesday, April 2nd.
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AGF Management Stock Performance
About AGF Management
AGF Management Limited is one of Canada's premier investment management companies with offices across Canada and subsidiaries around the world. 2007 marks AGF's 50th anniversary ofproviding Canadians with innovative investment solutions across the wealth continuum. AGF's products and services include a diversified family of more than 50 mutual funds, the evolutionary AGF Elements portfolios, the Harmony asset management program, AGF Private Investment Management, Institutional Account Services and AGF Trust GICs, loans and mortgages.
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