Laurentian Bank of Canada (OTCMKTS:LRCDF) Short Interest Up 23.5% in June

Laurentian Bank of Canada (OTCMKTS:LRCDF) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,485,800 shares, a growth of 23.5% from the May 31st total of 1,203,500 shares. Based on an average trading volume of 16,900 shares, the days-to-cover ratio is presently 87.9 days.

Laurentian Bank of Canada Price Performance

Shares of LRCDF remained flat at $19.46 during mid-day trading on Tuesday. The stock had a trading volume of 5 shares, compared to its average volume of 3,442. Laurentian Bank of Canada has a 52 week low of $17.85 and a 52 week high of $33.58. The stock has a 50 day simple moving average of $19.14 and a 200 day simple moving average of $19.78.

Laurentian Bank of Canada Company Profile

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients.