Short Interest in Power Co. of Canada (OTCMKTS:PWCDF) Rises By 486.7%

Power Co. of Canada (OTCMKTS:PWCDF) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 16,384,000 shares, an increase of 486.7% from the December 31st total of 2,792,400 shares. Based on an average daily volume of 82,900 shares, the days-to-cover ratio is presently 197.6 days.

Power Co. of Canada Trading Up 0.3 %

Shares of OTCMKTS:PWCDF traded up $0.09 during midday trading on Wednesday, reaching $30.42. 22,591 shares of the company’s stock traded hands, compared to its average volume of 29,683. The stock has a 50 day moving average of $31.61 and a 200 day moving average of $30.93. Power Co. of Canada has a one year low of $25.15 and a one year high of $35.03.

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.