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

Canaccord Genuity Group Inc. (OTCMKTS:CCORF) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 256,400 shares, an increase of 15.9% from the November 15th total of 221,300 shares. Based on an average daily trading volume, of 49,700 shares, the days-to-cover ratio is currently 5.2 days.

Canaccord Genuity Group Price Performance

Shares of OTCMKTS CCORF traded down $0.09 during midday trading on Monday, reaching $7.60. The company’s stock had a trading volume of 17,400 shares, compared to its average volume of 9,213. Canaccord Genuity Group has a fifty-two week low of $5.30 and a fifty-two week high of $8.04. The stock has a 50 day simple moving average of $7.31 and a 200-day simple moving average of $6.66.

Canaccord Genuity Group Company Profile

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.