Power Co. of Canada (OTCMKTS:PWCDF) Short Interest Down 19.8% in January

Power Co. of Canada (OTCMKTS:PWCDF) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 13,134,800 shares, a drop of 19.8% from the December 31st total of 16,384,000 shares. Based on an average trading volume of 60,000 shares, the days-to-cover ratio is presently 218.9 days.

Power Co. of Canada Stock Performance

Shares of OTCMKTS PWCDF opened at $30.29 on Monday. The firm’s 50-day simple moving average is $31.44 and its 200 day simple moving average is $30.95. Power Co. of Canada has a fifty-two week low of $25.15 and a fifty-two week high of $35.03.

Power Co. of Canada Company Profile

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.