Intact Financial Co. (OTCMKTS:IFCZF) Short Interest Down 33.2% in March

Intact Financial Co. (OTCMKTS:IFCZF) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 861,400 shares, a decline of 33.2% from the March 15th total of 1,290,200 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is currently 574.3 days.

Intact Financial Stock Performance

IFCZF opened at $211.88 on Friday. Intact Financial has a 52 week low of $159.44 and a 52 week high of $211.88. The business has a fifty day simple moving average of $199.55 and a 200-day simple moving average of $191.26.

Analyst Upgrades and Downgrades

Separately, National Bankshares reiterated an “outperform” rating on shares of Intact Financial in a research report on Monday, February 3rd.

Intact Financial Company Profile

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. The company offers insurance, such as personal auto which provides coverage from accidents, third party liability, and physical damage; personal property which provides protection for homes and contents from risks, including fire, theft, vandalism, water damages, other damages, and personal liability; and commercial line and specialty line insurance which provides commercial auto, property, and liability coverages.