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

Quebecor Inc. (OTCMKTS:QBCRF) was the recipient of a significant increase in short interest during the month of 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 trading volume of 59,600 shares, the short-interest ratio is presently 36.4 days.

Quebecor Price Performance

QBCRF remained flat at $20.78 during midday trading on Monday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 23,803. Quebecor has a fifty-two week low of $19.79 and a fifty-two week high of $25.96. The firm has a 50 day moving average price of $22.26 and a two-hundred day moving average price of $22.59.

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.