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

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

Canaccord Genuity Group Stock Performance

Shares of OTCMKTS CCORF opened at $9.94 on Friday. Canaccord Genuity Group has a 52 week low of $6.40 and a 52 week high of $10.74. The business has a 50-day simple moving average of $9.46 and a two-hundred day simple moving average of $8.98.

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.