Power Co. of Canada (OTCMKTS:PWCDF) Short Interest Down 44.7% in April

Power Co. of Canada (OTCMKTS:PWCDF) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 13,337,100 shares, a drop of 44.7% from the March 31st total of 24,131,300 shares. Based on an average daily volume of 237,400 shares, the short-interest ratio is presently 56.2 days.

Power Co. of Canada Stock Down 0.6 %

Shares of PWCDF traded down $0.17 during midday trading on Friday, reaching $26.62. 17,335 shares of the stock were exchanged, compared to its average volume of 49,365. The stock’s 50 day simple moving average is $28.08 and its 200 day simple moving average is $27.56. Power Co. of Canada has a twelve month low of $22.99 and a twelve month high of $30.30.

About Power Co. of Canada

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.