Power Co. of Canada (OTCMKTS:PWCDF) Short Interest Up 24.1% in February

Power Co. of Canada (OTCMKTS:PWCDF) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 2,898,500 shares, a growth of 24.1% from the February 13th total of 2,335,100 shares. Based on an average daily volume of 106,900 shares, the days-to-cover ratio is currently 27.1 days.

Wall Street Analyst Weigh In

Separately, National Bankshares restated a “sector perform” rating on shares of Power Co. of Canada in a research report on Monday, February 3rd.

Power Co. of Canada Stock Performance

Shares of OTCMKTS PWCDF opened at $34.28 on Wednesday. Power Co. of Canada has a one year low of $25.15 and a one year high of $36.74. The business has a 50-day moving average price of $32.23 and a two-hundred day moving average price of $32.11.

Power Co. of Canada Company Profile

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.