EQB Inc. (OTCMKTS:EQGPF) Sees Significant Growth in Short Interest

EQB Inc. (OTCMKTS:EQGPF) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 424,000 shares, an increase of 413.9% from the November 30th total of 82,500 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 848.0 days.

EQB Stock Performance

Shares of OTCMKTS EQGPF remained flat at $68.94 during midday trading on Thursday. The stock’s 50 day simple moving average is $75.03 and its 200 day simple moving average is $72.30. EQB has a 52-week low of $57.75 and a 52-week high of $78.50.

About EQB

EQB Inc, through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions.