Short Interest in Power Co. of Canada (OTCMKTS:PWCDF) Increases By 29.1%

Power Co. of Canada (OTCMKTS:PWCDF) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 2,335,100 shares, an increase of 29.1% from the January 31st total of 1,809,200 shares. Based on an average trading volume of 140,200 shares, the days-to-cover ratio is currently 16.7 days.

Wall Street Analyst Weigh In

Separately, National Bankshares reissued a “sector perform” rating on shares of Power Co. of Canada in a report on Monday, February 3rd.

Power Co. of Canada Trading Up 1.4 %

Shares of Power Co. of Canada stock traded up $0.50 during trading on Thursday, hitting $35.17. 349,332 shares of the company’s stock traded hands, compared to its average volume of 72,108. Power Co. of Canada has a 1 year low of $25.15 and a 1 year high of $35.31. The business has a 50-day simple moving average of $31.67 and a 200-day simple moving average of $31.80.

About Power Co. of Canada

Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners.