Power Co. of Canada (OTCMKTS:PWCDF) Short Interest Update

Power Co. of Canada (OTCMKTS:PWCDF) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 9,936,000 shares, a growth of 242.8% from the February 28th total of 2,898,500 shares. Based on an average daily volume of 151,100 shares, the short-interest ratio is presently 65.8 days.

Analyst Ratings Changes

Several research firms recently commented on PWCDF. Scotiabank reiterated an “outperform” rating on shares of Power Co. of Canada in a research note on Friday, March 21st. National Bankshares reaffirmed a “sector perform” rating on shares of Power Co. of Canada in a research report on Monday, February 3rd.

Power Co. of Canada Stock Performance

PWCDF traded down $0.35 during trading hours on Thursday, hitting $35.48. 90,911 shares of the company’s stock were exchanged, compared to its average volume of 75,056. The stock’s 50-day moving average is $32.87 and its two-hundred day moving average is $32.28. Power Co. of Canada has a 1-year low of $25.15 and a 1-year high of $36.74.

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.