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

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

Great-West Lifeco Stock Down 0.1 %

Shares of GWLIF traded down $0.03 during trading hours on Wednesday, hitting $32.46. 1,423 shares of the stock were exchanged, compared to its average volume of 3,090. The stock’s 50-day moving average price is $33.37 and its two-hundred day moving average price is $32.96. Great-West Lifeco has a 12-month low of $27.00 and a 12-month high of $36.19.

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.