Laurentian Bank of Canada (OTCMKTS:LRCDF – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 519,600 shares, an increase 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 Price Performance
Shares of LRCDF remained flat at $28.88 during trading on Friday. The business has a fifty day simple moving average of $28.66 and a two-hundred day simple moving average of $29.08. Laurentian Bank of Canada has a 52 week low of $21.69 and a 52 week high of $29.61.
About Laurentian Bank of Canada
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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