iA Financial Co. Inc. (OTCMKTS:IAFNF) Short Interest Update

iA Financial Co. Inc. (OTCMKTS:IAFNF – Get Rating) saw a significant decline in short interest in April. As of April 30th, there was short interest totalling 281,800 shares, a decline of 7.5% from the April 15th total of 304,500 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 140.9 days.

iA Financial Price Performance

Shares of OTCMKTS IAFNF opened at $61.98 on Tuesday. iA Financial has a 1-year low of $45.27 and a 1-year high of $67.29. The company has a fifty day moving average price of $62.65 and a 200 day moving average price of $60.23.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. National Bank Financial lifted their target price on shares of iA Financial from C$92.00 to C$100.00 in a research note on Friday, May 5th. TD Securities upgraded shares of iA Financial to a “buy” rating in a research report on Thursday, February 16th. Desjardins lowered their target price on shares of iA Financial from C$98.00 to C$95.00 in a report on Thursday, May 11th. Scotiabank lifted their target price on shares of iA Financial from C$102.00 to C$104.00 in a report on Thursday, February 16th. Finally, BMO Capital Markets lowered their target price on shares of iA Financial from C$100.00 to C$99.00 in a report on Thursday, May 11th.

iA Financial Company Profile

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iA Financial Corporation Inc, through its subsidiary, Industrial Alliance Insurance and Financial Services Inc, provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Other segments.