Power Co. of Canada (OTCMKTS:PWCDF) Sees Significant Decline in Short Interest

Power Co. of Canada (OTCMKTS:PWCDF) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 13,134,800 shares, a decrease 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 Trading Down 0.2 %

Shares of Power Co. of Canada stock traded down $0.05 during mid-day trading on Friday, reaching $30.29. 84,822 shares of the stock were exchanged, compared to its average volume of 31,931. Power Co. of Canada has a fifty-two week low of $25.15 and a fifty-two week high of $35.03. The firm has a 50-day simple moving average of $31.44 and a 200 day simple moving average of $30.94.

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.