iA Financial Co. Inc. (OTCMKTS:IAFNF) Short Interest Down 54.4% in April

iA Financial Co. Inc. (OTCMKTS:IAFNFGet Free Report) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 106,122 shares, a drop of 54.4% from the April 15th total of 232,962 shares. Based on an average daily volume of 12,016 shares, the short-interest ratio is currently 8.8 days.

Wall Street Analyst Weigh In

IAFNF has been the topic of a number of research reports. Scotiabank reiterated a “sector perform” rating on shares of iA Financial in a report on Wednesday, April 29th. TD Securities lowered shares of iA Financial from a “buy” rating to a “hold” rating in a report on Wednesday, May 6th. Four analysts have rated the stock with a Hold rating, According to MarketBeat.com, iA Financial presently has a consensus rating of “Hold”.

View Our Latest Research Report on IAFNF

iA Financial Stock Performance

Shares of IAFNF remained flat at $120.72 during midday trading on Friday. 750 shares of the stock were exchanged, compared to its average volume of 5,853. The business has a fifty day moving average price of $116.72 and a two-hundred day moving average price of $120.28. iA Financial has a fifty-two week low of $97.69 and a fifty-two week high of $131.65.

iA Financial Company Profile

(Get Free Report)

iA Financial Group (OTCMKTS: IAFNF) is a Canadian-based insurance and wealth management company offering a broad spectrum of financial products and services. The company’s core operations encompass life and health insurance, creditor insurance, auto and home insurance, as well as group insurance solutions for businesses and associations. Founded in 1892 and headquartered in Quebec City, iA Financial has grown to become one of Canada’s largest insurers and wealth managers, serving individual and corporate clients through a comprehensive network of agents, brokers, and financial advisors.

In its wealth management division, iA Financial Group provides retirement savings plans, mutual funds, segregated funds, and managed accounts.

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