Short Interest in Quebecor Inc. (OTCMKTS:QBCRF) Rises By 22.6%

Quebecor Inc. (OTCMKTS:QBCRF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,497,000 shares, a growth of 22.6% from the October 15th total of 2,852,400 shares. Based on an average trading volume of 67,900 shares, the days-to-cover ratio is presently 51.5 days.

Quebecor Stock Performance

Shares of OTCMKTS:QBCRF remained flat at $22.88 during midday trading on Friday. 74 shares of the company were exchanged, compared to its average volume of 49,123. The stock has a 50-day simple moving average of $25.19 and a 200 day simple moving average of $23.20. Quebecor has a 52 week low of $20.71 and a 52 week 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.