Quebecor Inc. (OTCMKTS:QBCRF) Short Interest Up 63.7% in April

Quebecor Inc. (OTCMKTS:QBCRF) was the target of a large increase in short interest in 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 days-to-cover ratio is currently 36.4 days.

Quebecor Stock Performance

Shares of OTCMKTS:QBCRF remained flat at $20.78 during mid-day trading on Friday. 36,300 shares of the company traded hands, compared to its average volume of 23,804. Quebecor has a fifty-two week low of $19.79 and a fifty-two week high of $25.96. The firm’s 50-day simple moving average is $22.31 and its 200 day simple moving average is $22.58.

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.