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 increase in short interest in February. As of February 28th, there was short interest totalling 2,898,500 shares, an increase of 24.1% from the February 13th total of 2,335,100 shares. Based on an average trading volume of 106,900 shares, the days-to-cover ratio is presently 27.1 days.

Analyst Upgrades and Downgrades

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

Power Co. of Canada Stock Down 1.2 %

Shares of OTCMKTS:PWCDF traded down $0.42 during trading on Tuesday, hitting $34.28. 65,254 shares of the company were exchanged, compared to its average volume of 75,078. The firm’s 50 day moving average price is $32.15 and its 200-day moving average price is $32.08. Power Co. of Canada has a 12-month low of $25.15 and a 12-month high of $36.74.

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.