Laurentian Bank of Canada (OTCMKTS:LRCDF – Get Free Report) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 408,904 shares, a decrease of 50.0% from the September 30th total of 817,849 shares. Based on an average daily trading volume, of 179,939 shares, the days-to-cover ratio is currently 2.3 days.
Laurentian Bank of Canada Price Performance
LRCDF stock remained flat at $28.92 during trading hours on Friday. The company’s stock had a trading volume of 1,944,338 shares, compared to its average volume of 4,000. Laurentian Bank of Canada has a 1 year low of $23.08 and a 1 year high of $29.61. The firm has a 50 day moving average price of $28.87 and a 200-day moving average price of $29.01.
Laurentian Bank of Canada Company Profile
Laurentian Bank of Canada is a Canadian financial institution headquartered in Montreal, Quebec. Founded in 1846 as the Montreal City and District Savings Bank, the bank has a long history of serving individuals, businesses and institutional clients across Canada.
The bank provides a range of personal and commercial banking services, including deposit accounts, residential mortgages, personal loans, business financing and cash-management solutions. It also offers investment and wealth-management products, online banking and related financial services through its branch network and digital channels.
Laurentian Bank has traditionally maintained a strong presence in Quebec while serving customers in other parts of Canada.
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