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

Intact Financial Co. (OTCMKTS:IFCZF) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 539,900 shares, an increase of 6.3% from the September 30th total of 508,100 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is currently 150.0 days.

Intact Financial Stock Down 1.7 %

OTCMKTS IFCZF opened at $190.80 on Friday. Intact Financial has a 52 week low of $139.50 and a 52 week high of $196.26. The firm’s 50-day simple moving average is $188.82 and its two-hundred day simple moving average is $176.57.

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.