Laurentian Bank of Canada (OTCMKTS:LRCDF – Get Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 902,556 shares, a growth of 73.7% from the July 30th total of 519,600 shares. Based on an average trading volume of 48,346 shares, the short-interest ratio is currently 18.7 days.
Laurentian Bank of Canada Stock Performance
OTCMKTS LRCDF opened at $28.88 on Wednesday. The stock has a 50 day moving average price of $28.65 and a 200-day moving average price of $29.03. Laurentian Bank of Canada has a one year low of $21.69 and a one year 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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