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

Quebecor Inc. (OTCMKTS:QBCRF) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,003,900 shares, a growth of 108.5% from the February 28th total of 2,400,500 shares. Based on an average trading volume of 75,400 shares, the short-interest ratio is presently 66.4 days.

Quebecor Stock Up 1.4 %

Shares of OTCMKTS QBCRF traded up $0.35 during midday trading on Friday, reaching $25.39. 8,709 shares of the company traded hands, compared to its average volume of 80,237. The stock’s 50-day simple moving average is $23.32 and its 200-day simple moving average is $23.69. Quebecor has a 12 month low of $20.64 and a 12 month high of $26.45.

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.