Short Interest in Power Co. of Canada (OTCMKTS:PWCDF) Declines By 44.7%

Power Co. of Canada (OTCMKTS:PWCDF) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 13,337,100 shares, a decline of 44.7% from the March 31st total of 24,131,300 shares. Based on an average daily trading volume, of 237,400 shares, the short-interest ratio is presently 56.2 days.

Power Co. of Canada Stock Down 0.6 %

Shares of PWCDF stock traded down $0.17 during trading on Friday, reaching $26.62. The company had a trading volume of 17,335 shares, compared to its average volume of 49,365. The firm’s 50 day simple moving average is $28.08 and its two-hundred day simple moving average is $27.56. Power Co. of Canada has a one year low of $22.99 and a one year high of $30.30.

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.