Short Interest in Laurentian Bank of Canada (OTCMKTS:LRCDF) Declines By 24.1%

Laurentian Bank of Canada (OTCMKTS:LRCDF) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 1,166,300 shares, a decline of 24.1% from the October 15th total of 1,536,800 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 2,332.6 days.

Laurentian Bank of Canada Price Performance

OTCMKTS:LRCDF traded up $0.02 during trading hours on Friday, reaching $19.35. The company’s stock had a trading volume of 1,800 shares, compared to its average volume of 5,822. Laurentian Bank of Canada has a 1 year low of $17.85 and a 1 year high of $21.75. The firm has a 50-day simple moving average of $19.52 and a 200-day simple moving average of $19.29.

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.