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

Intact Financial Co. (OTCMKTS:IFCZF) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 606,300 shares, a decrease of 19.1% from the November 30th total of 749,500 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 606.3 days.

Intact Financial Price Performance

IFCZF opened at $182.08 on Friday. The company’s 50 day simple moving average is $189.64 and its 200-day simple moving average is $183.30. Intact Financial has a one year low of $151.37 and a one year high of $196.26.

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.