Laurentian Bank of Canada (OTCMKTS:LRCDF – Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 217,590 shares, a decline of 46.3% from the April 30th total of 405,448 shares. Based on an average daily trading volume, of 364 shares, the short-interest ratio is presently 597.8 days.
Laurentian Bank of Canada Price Performance
LRCDF stock remained flat at $29.17 during midday trading on Monday. Laurentian Bank of Canada has a 12 month low of $21.65 and a 12 month high of $29.61. The stock has a fifty day moving average of $29.22 and a two-hundred day moving average of $28.63.
About Laurentian Bank of Canada
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.
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