Canaccord Genuity Group Inc. (OTCMKTS:CCORF) Short Interest Update

Canaccord Genuity Group Inc. (OTCMKTS:CCORF) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 230,104 shares, an increase of 91.6% from the June 15th total of 120,086 shares. Based on an average daily trading volume, of 164,630 shares, the short-interest ratio is currently 1.4 days.

Canaccord Genuity Group Price Performance

Shares of OTCMKTS CCORF opened at $10.39 on Thursday. Canaccord Genuity Group has a 1 year low of $6.40 and a 1 year high of $10.74. The firm has a 50-day moving average of $9.75 and a 200 day moving average of $9.15.

Canaccord Genuity Group Company Profile

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.