Intact Financial Co. (OTCMKTS:IFCZF – Get Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 1,142,000 shares, an increase of 59.9% from the February 13th total of 714,300 shares. Based on an average daily volume of 27,700 shares, the days-to-cover ratio is presently 41.2 days.
Wall Street Analyst Weigh In
Separately, National Bankshares reaffirmed an “outperform” rating on shares of Intact Financial in a research report on Monday, February 3rd.
Read Our Latest Research Report on IFCZF
Intact Financial Stock Performance
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.
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