Quebecor Inc. (OTCMKTS:QBCRF) Sees Significant Decline in Short Interest

Quebecor Inc. (OTCMKTS:QBCRF) was the target of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 3,539,300 shares, a drop of 29.3% from the May 15th total of 5,007,400 shares. Based on an average daily volume of 58,000 shares, the short-interest ratio is presently 61.0 days.

Quebecor Trading Down 0.5%

QBCRF stock opened at $29.69 on Thursday. The business’s fifty day simple moving average is $27.33 and its two-hundred day simple moving average is $24.62. Quebecor has a twelve month low of $20.64 and a twelve month high of $30.02.

About Quebecor

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.