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

Canaccord Genuity Group Inc. (OTCMKTS:CCORF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 336,900 shares, a growth of 31.4% from the November 30th total of 256,400 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is presently 82.2 days.

Canaccord Genuity Group Price Performance

CCORF remained flat at $7.03 during mid-day trading on Friday. The stock’s fifty day simple moving average is $7.37 and its 200-day simple moving average is $6.70. Canaccord Genuity Group has a fifty-two week low of $5.30 and a fifty-two week high of $8.04.

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.