Quebecor Inc. (OTCMKTS:QBCRF) Sees Large Decrease in Short Interest

Quebecor Inc. (OTCMKTS:QBCRF) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 2,400,500 shares, a decline of 20.5% from the February 13th total of 3,020,100 shares. Based on an average daily trading volume, of 77,200 shares, the short-interest ratio is currently 31.1 days.

Quebecor Stock Down 2.4 %

Shares of OTCMKTS:QBCRF traded down $0.61 during midday trading on Wednesday, reaching $24.74. The company’s stock had a trading volume of 110,804 shares, compared to its average volume of 79,460. The firm has a 50 day moving average of $22.91 and a 200-day moving average of $23.67. Quebecor has a 12-month low of $20.64 and a 12-month high of $26.45.

About Quebecor

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. The Telecommunications segment offers internet access, television distribution, mobile and wireline telephony, business solutions, and over-the-top video services.