Canaccord Genuity Group Inc. (OTCMKTS:CCORF) Short Interest Down 63.2% in June

Canaccord Genuity Group Inc. (OTCMKTS:CCORF) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 120,086 shares, a drop of 63.2% from the May 31st total of 326,312 shares. Based on an average daily volume of 52,056 shares, the days-to-cover ratio is presently 2.3 days.

Canaccord Genuity Group Price Performance

Canaccord Genuity Group stock opened at $9.83 on Tuesday. The firm has a fifty day simple moving average of $9.48 and a two-hundred day simple moving average of $8.99. Canaccord Genuity Group has a twelve month low of $6.40 and a twelve month high of $10.74.

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.