Short Interest in Power Co. of Canada (OTCMKTS:PWCDF) Expands By 212.7%

Power Co. of Canada (OTCMKTS:PWCDF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 8,948,000 shares, a growth of 212.7% from the February 29th total of 2,861,800 shares. Based on an average trading volume of 55,500 shares, the short-interest ratio is currently 161.2 days.

Power Co. of Canada Stock Performance

Shares of OTCMKTS PWCDF traded up $0.29 during trading hours on Thursday, hitting $28.11. 20,676 shares of the company traded hands, compared to its average volume of 32,506. The company’s 50 day moving average price is $28.82 and its 200 day moving average price is $27.51. Power Co. of Canada has a 12 month low of $22.99 and a 12 month 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, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance; retirement and investment management; fund and asset management; reinsurance and retrocession; investment advisory, financial planning, and related services; fund products; and protection and wealth management services.