Quebecor Inc. (OTCMKTS:QBCRF) Sees Significant Decrease in Short Interest
by Mitch Edgeman · The Markets DailyQuebecor Inc. (OTCMKTS:QBCRF – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 2,142,100 shares, a decline of 17.2% from the August 31st total of 2,586,800 shares. Based on an average trading volume of 41,600 shares, the days-to-cover ratio is presently 51.5 days.
Quebecor Price Performance
QBCRF stock opened at $25.95 on Monday. Quebecor has a 1-year low of $19.79 and a 1-year high of $26.45. The business’s 50 day simple moving average is $24.06 and its 200 day simple moving average is $22.40.
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.
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