Quebecor Inc. (OTCMKTS:QBCRF) Short Interest Down 28.0% in December

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

Quebecor Price Performance

OTCMKTS QBCRF traded up $1.11 during mid-day trading on Friday, reaching $21.75. 16,156 shares of the stock were exchanged, compared to its average volume of 51,297. The stock has a 50 day simple moving average of $23.39 and a 200-day simple moving average of $23.42. Quebecor has a one year low of $20.64 and a one year high of $26.45.

Quebecor Company Profile

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.