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

Quebecor Inc. (OTCMKTS:QBCRF) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 2,169,700 shares, an increase of 63.7% from the March 31st total of 1,325,500 shares. Based on an average daily trading volume, of 59,600 shares, the days-to-cover ratio is currently 36.4 days.

Quebecor Price Performance

Shares of QBCRF stock remained flat at $20.78 during trading hours on Monday. The stock had a trading volume of 1 shares, compared to its average volume of 23,803. The stock’s 50-day moving average price is $22.26 and its 200-day moving average price is $22.59. Quebecor has a 12-month low of $19.79 and a 12-month high of $25.96.

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.