Quebecor Inc. (OTCMKTS:QBCRF) Sees Large Decrease in Short Interest

Quebecor Inc. (OTCMKTS:QBCRF) saw a significant decline in short interest in 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 daily trading volume, of 77,200 shares, the days-to-cover ratio is currently 31.1 days.

Quebecor Price Performance

QBCRF stock traded down $0.61 during trading on Wednesday, reaching $24.74. The company had a trading volume of 110,804 shares, compared to its average volume of 79,460. Quebecor has a 52 week low of $20.64 and a 52 week high of $26.45. The business has a 50 day moving average of $22.91 and a 200 day moving average of $23.67.

About Quebecor

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.