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

Quebecor Inc. (OTCMKTS:QBCRF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,003,900 shares, a growth of 108.5% from the February 28th total of 2,400,500 shares. Based on an average daily trading volume, of 75,400 shares, the days-to-cover ratio is presently 66.4 days.

Quebecor Trading Up 1.4 %

Quebecor stock traded up $0.35 during mid-day trading on Friday, reaching $25.39. The company had a trading volume of 8,709 shares, compared to its average volume of 80,237. The stock’s 50-day simple moving average is $23.40 and its 200-day simple moving average is $23.68. Quebecor has a 1 year low of $20.64 and a 1 year high of $26.45.

Quebecor Company Profile

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.