Power Co. of Canada (OTCMKTS:PWCDF) Short Interest Up 242.8% in March

Power Co. of Canada (OTCMKTS:PWCDF) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 9,936,000 shares, an increase of 242.8% from the February 28th total of 2,898,500 shares. Based on an average daily trading volume, of 151,100 shares, the short-interest ratio is currently 65.8 days.

Power Co. of Canada Stock Down 0.1 %

OTCMKTS:PWCDF traded down $0.03 during trading hours on Friday, reaching $35.68. 17,059 shares of the stock were exchanged, compared to its average volume of 73,309. Power Co. of Canada has a twelve month low of $25.15 and a twelve month high of $36.74. The business has a 50-day moving average of $32.99 and a two-hundred day moving average of $32.31.

Analyst Ratings Changes

PWCDF has been the topic of a number of recent analyst reports. Scotiabank reiterated an “outperform” rating on shares of Power Co. of Canada in a report on Friday, March 21st. National Bankshares reissued a “sector perform” rating on shares of Power Co. of Canada in a research note on Monday, February 3rd.

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.