AGF Management Limited (OTCMKTS:AGFMF – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 13,600 shares, a decline of 21.4% from the May 31st total of 17,300 shares. Based on an average trading volume of 4,800 shares, the short-interest ratio is currently 2.8 days.
AGF Management Trading Up 2.6 %
AGFMF stock opened at $6.16 on Friday. The business’s fifty day moving average price is $6.07 and its 200 day moving average price is $5.86. AGF Management has a 12-month low of $4.73 and a 12-month high of $6.57.
Wall Street Analysts Forecast Growth
Separately, Desjardins increased their price objective on shares of AGF Management from $10.00 to $11.50 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd.
About AGF Management
AGF Management Limited is one of Canada's premier investment management companies with offices across Canada and subsidiaries around the world. 2007 marks AGF's 50th anniversary ofproviding Canadians with innovative investment solutions across the wealth continuum. AGF's products and services include a diversified family of more than 50 mutual funds, the evolutionary AGF Elements portfolios, the Harmony asset management program, AGF Private Investment Management, Institutional Account Services and AGF Trust GICs, loans and mortgages.
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