Short Interest in iA Financial Co. Inc. (OTCMKTS:IAFNF) Increases By 32.9%

iA Financial Co. Inc. (OTCMKTS:IAFNF) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 564,900 shares, a growth of 32.9% from the February 13th total of 425,100 shares. Based on an average daily trading volume, of 11,400 shares, the days-to-cover ratio is currently 49.6 days.

iA Financial Price Performance

Shares of OTCMKTS IAFNF traded up $4.65 during midday trading on Friday, hitting $89.45. 1,202 shares of the company traded hands, compared to its average volume of 1,445. iA Financial has a 12-month low of $59.35 and a 12-month high of $98.34. The stock has a 50-day moving average price of $91.25 and a 200 day moving average price of $88.32.

About iA Financial

iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.