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

Great-West Lifeco Inc. (OTCMKTS:GWLIF) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 9,468,100 shares, a decrease of 52.4% from the February 28th total of 19,889,500 shares. Based on an average daily trading volume, of 13,100 shares, the days-to-cover ratio is currently 722.8 days.

Great-West Lifeco Price Performance

Shares of GWLIF stock traded up $0.32 on Friday, reaching $38.31. 4,579 shares of the company’s stock were exchanged, compared to its average volume of 9,764. The company’s fifty day simple moving average is $35.60 and its 200 day simple moving average is $34.45. Great-West Lifeco has a 52 week low of $27.00 and a 52 week high of $38.39.

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.