Sears Canada Inc. (NASDAQ:SRSC) Closed Above Its 50 Day Moving Average


Shares are trading at $0.80 which is a tad above $0.75, the 50 day moving average and which is much lower than the 200 day moving average of $0.98. The 50 day moving average went up $0.06 or +7.411% and the 200 day average went down by -18.483%. Trading was heavy with 5,140K shares changing hands by the end of trading on Tuesday. Trading volume was up 30,470.05% over the stocks average daily volume.

These firms have modified their investment in SRSC. Wells Fargo & Company/mn cut its ownership by shedding 50 shares a decrease of 2.3% from 03/31/2017 to 06/30/2017. Wells Fargo & Company/mn claims 2,089 shares with a value of $2,000. The total value of its holdings decreased 33.3%. As of the end of the quarter Citigroup Inc had acquired 13,780 shares growing its position 68,900.0%. The value of the company’s investment in Sears Canada Inc. went from $0 to $6,000 a change of $6,000 quarter to quarter.

Susquehanna International Group, Llp expanded its stake by buying 1,025 shares an increase of 7.2%. Susquehanna International Group, Llp controls 15,202 shares worth $12,000. The value of the position overall is down by 83.3%. As of quarter end Toronto Dominion Bank had bought a total of 65 shares growing its stake by 127.5%. The value of the investment in Sears Canada Inc. decreased from $0 to $0 a change of nan% since the last quarter.