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

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

Power Co. of Canada Stock Performance

Shares of OTCMKTS PWCDF traded down $0.32 during mid-day trading on Monday, reaching $29.37. The company’s stock had a trading volume of 33,447 shares, compared to its average volume of 31,078. Power Co. of Canada has a 52 week low of $25.15 and a 52 week high of $35.03. The stock has a fifty day moving average of $32.28 and a two-hundred day moving average of $30.83.

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.