Short Interest in AGF Management Limited (OTCMKTS:AGFMF) Declines By 69.9%

AGF Management Limited (OTCMKTS:AGFMF) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 6,300 shares, a drop of 69.9% from the October 15th total of 20,900 shares. Based on an average trading volume of 4,900 shares, the days-to-cover ratio is presently 1.3 days.

AGF Management Price Performance

Shares of OTCMKTS AGFMF traded up $0.06 during midday trading on Tuesday, reaching $8.06. 3,914 shares of the company’s stock traded hands, compared to its average volume of 3,522. AGF Management has a one year low of $4.76 and a one year high of $8.06. The stock’s 50 day simple moving average is $6.97 and its 200-day simple moving average is $6.35.

AGF Management Company Profile

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.