CI Financial (OTCMKTS:CIFAF) Trading Down 0.2% – Here’s Why

Shares of CI Financial Corp (OTCMKTS:CIFAFGet Free Report) dropped 0.2% during mid-day trading on Thursday . The stock traded as low as $17.01 and last traded at $17.08. Approximately 20,459 shares traded hands during trading, an increase of 406% from the average daily volume of 4,045 shares. The stock had previously closed at $17.12.

CI Financial Price Performance

The company has a 50 day simple moving average of $15.15 and a 200-day simple moving average of $12.71.

CI Financial Company Profile

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CI Financial Corp. engages in the business of management, marketing, distribution, and administration of investment funds. It operates through the Asset Management and Asset Administration segments. The Asset Management segment includes fees earned on the management of mutual, segregated, pooled and closed-end funds, structured products and discretionary accounts.

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