Quebecor Inc. (OTCMKTS:QBCRF) Short Interest Up 22.6% in October

Quebecor Inc. (OTCMKTS:QBCRF) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 3,497,000 shares, an increase of 22.6% from the October 15th total of 2,852,400 shares. Based on an average daily volume of 67,900 shares, the days-to-cover ratio is currently 51.5 days.

Quebecor Price Performance

Shares of OTCMKTS QBCRF remained flat at $22.88 during midday trading on Friday. 74 shares of the company were exchanged, compared to its average volume of 49,123. Quebecor has a fifty-two week low of $20.71 and a fifty-two week high of $26.45. The stock’s 50 day moving average is $25.19 and its 200-day moving average is $23.20.

About Quebecor

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. The Telecommunications segment offers internet access, television distribution, mobile and wireline telephony, business solutions, and over-the-top video services.