Short Interest in Quebecor Inc. (OTCMKTS:QBCRF) Drops By 17.2%

Quebecor Inc. (OTCMKTS:QBCRF) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 2,142,100 shares, a drop of 17.2% from the August 31st total of 2,586,800 shares. Based on an average daily trading volume, of 41,600 shares, the days-to-cover ratio is currently 51.5 days.

Quebecor Stock Performance

Shares of QBCRF stock remained flat at $25.95 during trading hours on Friday. 19,069 shares of the company were exchanged, compared to its average volume of 46,974. Quebecor has a 52-week low of $19.79 and a 52-week high of $26.45. The stock’s 50-day moving average is $24.06 and its 200-day moving average is $22.42.

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.