Canaccord Genuity Group Inc. (OTCMKTS:CCORF) Short Interest Up 117.5% in July

Canaccord Genuity Group Inc. (OTCMKTS:CCORF) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 500,510 shares, a growth of 117.5% from the June 30th total of 230,104 shares. Based on an average daily volume of 39,526 shares, the short-interest ratio is currently 12.7 days.

Canaccord Genuity Group Price Performance

Shares of CCORF opened at $10.50 on Tuesday. The business’s 50-day moving average is $10.02 and its two-hundred day moving average is $9.29. Canaccord Genuity Group has a fifty-two week low of $6.40 and a fifty-two week high of $11.00.

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.