Renaissance Technologies LLC trimmed its position in shares of MFC Bancorp Ltd (NYSE:MFCB) by 14.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 67,570 shares of the financial services provider’s stock after selling 11,700 shares during the quarter. Renaissance Technologies LLC’s holdings in MFC Bancorp were worth $412,000 at the end of the most recent reporting period.

MFCB opened at $6.57 on Friday. MFC Bancorp Ltd has a 52-week low of $4.00 and a 52-week high of $7.66. The company has a current ratio of 4.62, a quick ratio of 4.13 and a debt-to-equity ratio of 0.01.

Separately, Robert W. Baird reissued a “hold” rating on shares of MFC Bancorp in a research report on Wednesday, January 16th.

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MFC Bancorp Company Profile

MFC Bancorp Ltd., a merchant banking company, provides various financial services for corporations and institutions worldwide. It operates through two segments, Merchant Banking and All Other. The company specializes in markets that are not adequately addressed by traditional sources of supply and finance, with focus on providing solutions for small and medium sized enterprises.

Further Reading: What is the quiet period?

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