Short Interest in Canaccord Genuity Group Inc. (OTCMKTS:CCORF) Drops By 34.4%

Canaccord Genuity Group Inc. (OTCMKTS:CCORF) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 221,300 shares, a drop of 34.4% from the October 31st total of 337,200 shares. Based on an average daily trading volume, of 7,900 shares, the days-to-cover ratio is presently 28.0 days.

Canaccord Genuity Group Stock Performance

Canaccord Genuity Group stock traded up $0.02 during midday trading on Friday, hitting $7.67. 100 shares of the stock were exchanged, compared to its average volume of 9,454. Canaccord Genuity Group has a 1 year low of $4.81 and a 1 year high of $7.72. The company has a 50 day moving average price of $7.08 and a two-hundred day moving average price of $6.57.

About Canaccord Genuity Group

Canaccord Genuity Group Inc operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia. It operates through two segments: Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management. The Canaccord Genuity Capital Markets segment offers investment banking, advisory, research, and trading services for corporate, institutional, and government clients.