Short Interest in Intact Financial Co. (OTCMKTS:IFCZF) Expands By 25.6%

Intact Financial Co. (OTCMKTS:IFCZF) was the recipient of a large increase in short interest in the month of 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 trading volume of 24,700 shares, the short-interest ratio is presently 28.9 days.

Wall Street Analysts Forecast Growth

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

Intact Financial Stock Performance

Shares of IFCZF stock traded up $2.81 on Wednesday, hitting $200.31. The company had a trading volume of 322 shares, compared to its average volume of 17,186. Intact Financial has a twelve month low of $158.72 and a twelve month high of $207.07. The company has a 50-day moving average price of $186.30 and a 200-day moving average price of $188.11.

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.