Short Interest in Intact Financial Co. (OTCMKTS:IFCZF) Grows By 59.9%

Intact Financial Co. (OTCMKTS:IFCZF) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 1,142,000 shares, a growth of 59.9% from the February 13th total of 714,300 shares. Based on an average trading volume of 27,700 shares, the days-to-cover ratio is currently 41.2 days.

Analyst Ratings Changes

Separately, National Bankshares reiterated an “outperform” rating on shares of Intact Financial in a research report on Monday, February 3rd.

Intact Financial Stock Up 0.7 %

Shares of IFCZF traded up $1.43 during midday trading on Friday, reaching $196.15. The stock had a trading volume of 49 shares, compared to its average volume of 15,550. Intact Financial has a 52 week low of $158.72 and a 52 week high of $207.07. The firm’s 50 day moving average price is $189.18 and its 200-day moving average price is $188.72.

Intact Financial Company Profile

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. The company offers insurance, such as personal auto which provides coverage from accidents, third party liability, and physical damage; personal property which provides protection for homes and contents from risks, including fire, theft, vandalism, water damages, other damages, and personal liability; and commercial line and specialty line insurance which provides commercial auto, property, and liability coverages.