Short Interest in Great-West Lifeco Inc. (OTCMKTS:GWLIF) Decreases By 35.5%

Great-West Lifeco Inc. (OTCMKTS:GWLIF) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 2,010,200 shares, a decline of 35.5% from the August 31st total of 3,116,800 shares. Based on an average trading volume of 6,500 shares, the days-to-cover ratio is presently 309.3 days. Based on an average trading volume of 6,500 shares, the days-to-cover ratio is presently 309.3 days.

Great-West Lifeco Trading Up 0.3%

Shares of Great-West Lifeco stock opened at $40.63 on Monday. The company has a 50-day simple moving average of $39.17 and a two-hundred day simple moving average of $38.15. Great-West Lifeco has a twelve month low of $30.70 and a twelve month high of $40.76.

Wall Street Analyst Weigh In

Separately, Scotiabank reiterated an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Great-West Lifeco currently has a consensus rating of “Moderate Buy”.

Great-West Lifeco Company Profile

Great-West Lifeco Inc engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations.