Short Interest in Canaccord Genuity Group Inc. (OTCMKTS:CCORF) Declines By 34.4%

Canaccord Genuity Group Inc. (OTCMKTS:CCORF) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 221,300 shares, a decline of 34.4% from the October 31st total of 337,200 shares. Based on an average daily trading volume, of 7,900 shares, the short-interest ratio is currently 28.0 days.

Canaccord Genuity Group Stock Performance

Shares of OTCMKTS:CCORF traded up $0.02 during mid-day trading on Friday, reaching $7.67. 100 shares of the company were exchanged, compared to its average volume of 9,454. Canaccord Genuity Group has a 1 year low of $4.81 and a 1 year high of $7.72. The firm’s 50-day simple moving average is $7.08 and its 200 day simple moving average is $6.57.

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.