Laurentian Bank of Canada (OTCMKTS:LRCDF) Short Interest Update

Laurentian Bank of Canada (OTCMKTS:LRCDF) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 217,590 shares, a drop of 46.3% from the April 30th total of 405,448 shares. Based on an average daily trading volume, of 364 shares, the days-to-cover ratio is presently 597.8 days.

Laurentian Bank of Canada Price Performance

LRCDF stock remained flat at $29.10 during trading on Tuesday. The company had a trading volume of 1,000 shares, compared to its average volume of 1,470. Laurentian Bank of Canada has a fifty-two week low of $21.69 and a fifty-two week high of $29.61. The business’s fifty day simple moving average is $29.21 and its 200 day simple moving average is $28.67.

Laurentian Bank of Canada Company Profile

The Laurentian Bank of Canada (OTCMKTS:LRCDF) is headquartered in Quebec City and is one of Canada’s Schedule I banks. Established in 1846, the institution has grown from a regional savings bank into a diversified financial services provider. While its core footprint remains in Quebec, the bank also serves customers in other Canadian provinces through a network of branches, digital channels and broker partnerships.

Laurentian Bank’s personal banking division offers chequing and savings accounts, mortgages, lines of credit, credit cards and payment solutions.