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

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

Power Co. of Canada Stock Performance

Shares of OTCMKTS PWCDF traded up $0.09 during mid-day trading on Wednesday, reaching $30.42. The company had a trading volume of 22,591 shares, compared to its average volume of 29,683. Power Co. of Canada has a 1-year low of $25.15 and a 1-year high of $35.03. The company has a 50-day moving average price of $31.61 and a two-hundred day moving average price of $30.93.

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.