Canaccord Genuity Group Inc. (OTCMKTS:CCORF – Get Free Report) was the recipient of a large increase in short interest during the month of 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 volume of 164,630 shares, the days-to-cover ratio is presently 1.4 days.
Canaccord Genuity Group Price Performance
Shares of CCORF stock opened at $10.39 on Thursday. Canaccord Genuity Group has a one year low of $6.40 and a one year high of $10.74. The company’s 50-day moving average is $9.75 and its 200 day moving average is $9.15.
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.
Featured Stories
- Five stocks we like better than Canaccord Genuity Group
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for Canaccord Genuity Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canaccord Genuity Group and related companies with MarketBeat.com's FREE daily email newsletter.
