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

Quebecor Inc. (OTCMKTS:QBCRF) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 5,003,900 shares, a growth of 108.5% from the February 28th total of 2,400,500 shares. Based on an average daily volume of 75,400 shares, the short-interest ratio is currently 66.4 days.

Quebecor Price Performance

OTCMKTS:QBCRF traded up $0.35 during mid-day trading on Friday, reaching $25.39. The stock had a trading volume of 8,709 shares, compared to its average volume of 80,237. The business has a 50 day simple moving average of $23.40 and a 200 day simple moving average of $23.68. Quebecor has a twelve month low of $20.64 and a twelve month high of $26.45.

Quebecor Company Profile

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.