Quebecor Inc. (OTCMKTS:QBCRF) Sees Significant Drop in Short Interest

Quebecor Inc. (OTCMKTS:QBCRF) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 2,400,500 shares, a decline of 20.5% from the February 13th total of 3,020,100 shares. Based on an average trading volume of 77,200 shares, the days-to-cover ratio is presently 31.1 days.

Quebecor Trading Up 1.5 %

QBCRF traded up $0.38 on Tuesday, reaching $25.35. The company’s stock had a trading volume of 24,374 shares, compared to its average volume of 81,663. The business’s 50 day moving average is $22.85 and its 200 day moving average is $23.67. Quebecor has a 1 year low of $20.64 and a 1 year high of $26.45.

Quebecor Company Profile

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. The Telecommunications segment offers internet access, television distribution, mobile and wireline telephony, business solutions, and over-the-top video services.