Power Co. of Canada (OTCMKTS:PWCDF) Short Interest Up 29.1% in February

Power Co. of Canada (OTCMKTS:PWCDF) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 2,335,100 shares, a growth of 29.1% from the January 31st total of 1,809,200 shares. Based on an average daily volume of 140,200 shares, the days-to-cover ratio is currently 16.7 days.

Analysts Set New Price Targets

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

Power Co. of Canada Stock Performance

PWCDF stock traded down $0.09 during mid-day trading on Tuesday, hitting $33.88. The stock had a trading volume of 53,045 shares, compared to its average volume of 65,139. Power Co. of Canada has a 1-year low of $25.15 and a 1-year high of $35.03. The company has a fifty day moving average of $31.54 and a 200 day moving average of $31.73.

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.