Canaccord Genuity Group Inc. (OTCMKTS:CCORF – Get Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 230,104 shares, a growth of 91.6% from the June 15th total of 120,086 shares. Based on an average trading volume of 164,630 shares, the short-interest ratio is presently 1.4 days.
Canaccord Genuity Group Trading Down 2.1%
Canaccord Genuity Group stock opened at $10.75 on Friday. Canaccord Genuity Group has a one year low of $6.40 and a one year high of $11.00. The stock has a fifty day moving average of $9.82 and a 200 day moving average of $9.18.
About Canaccord Genuity Group
Canaccord Genuity Group (OTCMKTS: CCORF) is a global, full-service investment bank and financial services firm providing a range of advisory, financing, research and sales and trading services. The company’s primary business activities include equity and debt underwriting, mergers and acquisitions advisory, institutional brokerage, and wealth management. Through its integrated platform, Canaccord Genuity serves corporate, institutional and high-net-worth clients with customized capital markets solutions and strategic advice.
Founded in Vancouver in 1950, the firm has grown through a combination of organic expansion and targeted acquisitions, including the 2010 merger with Genuity Capital Markets, which bolstered its corporate finance capabilities.
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