Intact Financial Co. (OTCMKTS:IFCZF) Sees Large Growth in Short Interest

Intact Financial Co. (OTCMKTS:IFCZF) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 714,300 shares, an increase of 25.6% from the January 31st total of 568,700 shares. Based on an average daily trading volume, of 24,700 shares, the days-to-cover ratio is currently 28.9 days.

Intact Financial Stock Up 0.1 %

OTCMKTS IFCZF traded up $0.30 during trading hours on Thursday, reaching $200.36. The company’s stock had a trading volume of 1,007 shares, compared to its average volume of 16,803. Intact Financial has a 1 year low of $158.72 and a 1 year high of $207.07. The firm’s 50-day moving average price is $186.67 and its 200-day moving average price is $188.19.

Analyst Ratings Changes

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

About Intact Financial

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.