Home Capital Group Inc. (OTCMKTS:HMCBF – Get Rating) saw a significant growth in short interest in the month of December. As of December 30th, there was short interest totalling 1,191,100 shares, a growth of 6.4% from the December 15th total of 1,119,200 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 2,382.2 days.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the company. National Bank Financial reduced their price objective on Home Capital Group from C$31.00 to C$30.00 in a research report on Tuesday, October 25th. Scotiabank upped their price objective on Home Capital Group from C$35.00 to C$44.00 in a research report on Tuesday, November 22nd. Royal Bank of Canada cut Home Capital Group from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 18th. Finally, Raymond James cut Home Capital Group from an “outperform” rating to a “market perform” rating in a research report on Friday, January 13th.
Home Capital Group Trading Up 0.1 %
HMCBF opened at $31.70 on Wednesday. Home Capital Group has a 52-week low of $17.54 and a 52-week high of $31.90. The business’s 50-day simple moving average is $30.89 and its 200 day simple moving average is $24.17.
About Home Capital Group
Home Capital Group Inc, through its subsidiary, Home Trust Company, provides residential and nonresidential mortgage lending, securitization of residential mortgage products, consumer lending, and credit card services in Canada. It offers deposits through brokers and financial planners under the Oaken Financial brand.
- Get a free copy of the StockNews.com research report on Home Capital Group (HMCBF)
- Pliant Therapeutics Gaps 34% Higher: More Upside To Come?
- How Will Early 2023 Layoffs Affect These 5 Biotech Stocks?
- Is the Pain Over for Baudax Bio Investors after a 70% Spike?
- Will Rocket Lab’s First U.S. Launch Send Stock Into Stratosphere?
- When Will Crane Holdings Take Flight?
Receive News & Ratings for Home Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.