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

Quebecor Inc. (OTCMKTS:QBCRF) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 3,680,100 shares, a drop of 28.0% from the November 30th total of 5,113,600 shares. Based on an average daily volume of 58,000 shares, the short-interest ratio is currently 63.5 days.

Quebecor Price Performance

Shares of OTCMKTS QBCRF traded up $1.11 during mid-day trading on Friday, hitting $21.75. The company had a trading volume of 16,156 shares, compared to its average volume of 51,297. Quebecor has a 1 year low of $20.64 and a 1 year high of $26.45. The stock’s 50-day moving average price is $23.39 and its 200-day moving average price is $23.42.

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.