Short Interest in Canaccord Genuity Group Inc. (OTCMKTS:CCORF) Drops By 65.3%

Canaccord Genuity Group Inc. (OTCMKTS:CCORF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 287,700 shares, a drop of 65.3% from the January 31st total of 828,700 shares. Based on an average trading volume of 13,300 shares, the days-to-cover ratio is presently 21.6 days.

Canaccord Genuity Group Stock Performance

Shares of OTCMKTS:CCORF remained flat at $5.76 on Friday. The stock had a trading volume of 3,846 shares, compared to its average volume of 6,760. Canaccord Genuity Group has a twelve month low of $5.58 and a twelve month high of $8.04. The business has a 50-day moving average of $6.52 and a 200 day moving average of $6.74.

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.