Great-West Lifeco Inc. (OTCMKTS:GWLIF) Sees Significant Decrease in Short Interest

Great-West Lifeco Inc. (OTCMKTS:GWLIF) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 9,468,100 shares, a drop of 52.4% from the February 28th total of 19,889,500 shares. Based on an average daily trading volume, of 13,100 shares, the days-to-cover ratio is currently 722.8 days.

Great-West Lifeco Stock Performance

OTCMKTS:GWLIF traded up $0.32 during midday trading on Friday, reaching $38.31. The stock had a trading volume of 4,579 shares, compared to its average volume of 9,764. The firm has a fifty day simple moving average of $35.60 and a two-hundred day simple moving average of $34.46. Great-West Lifeco has a 12-month low of $27.00 and a 12-month high of $38.39.

About Great-West Lifeco

Great-West Lifeco Inc engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations.