Great-West Lifeco Inc. (OTCMKTS:GWLIF) Sees Large Drop in Short Interest

Great-West Lifeco Inc. (OTCMKTS:GWLIF) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 2,405,800 shares, a drop of 81.9% from the December 31st total of 13,295,100 shares. Based on an average trading volume of 6,100 shares, the short-interest ratio is presently 394.4 days.

Great-West Lifeco Stock Down 0.1 %

GWLIF stock traded down $0.03 during trading on Wednesday, hitting $32.46. 1,423 shares of the company traded hands, compared to its average volume of 3,090. Great-West Lifeco has a 1 year low of $27.00 and a 1 year high of $36.19. The stock’s 50-day simple moving average is $33.37 and its 200 day simple moving average is $32.96.

About Great-West Lifeco

Great-West Lifeco Inc engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations.