Laurentian Bank of Canada (OTCMKTS:LRCDF – Get Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 519,600 shares, a growth of 105.9% from the July 15th total of 252,362 shares. Based on an average daily volume of 4,809 shares, the days-to-cover ratio is currently 108.0 days.
Laurentian Bank of Canada Stock Performance
Shares of OTCMKTS:LRCDF remained flat at $28.88 during trading on Friday. Laurentian Bank of Canada has a 12 month low of $21.69 and a 12 month high of $29.61. The stock has a 50-day simple moving average of $28.66 and a 200 day simple moving average of $29.08.
Laurentian Bank of Canada Company Profile
The Laurentian Bank of Canada (OTCMKTS:LRCDF) is headquartered in Quebec City and is one of Canada’s Schedule I banks. Established in 1846, the institution has grown from a regional savings bank into a diversified financial services provider. While its core footprint remains in Quebec, the bank also serves customers in other Canadian provinces through a network of branches, digital channels and broker partnerships.
Laurentian Bank’s personal banking division offers chequing and savings accounts, mortgages, lines of credit, credit cards and payment solutions.
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