Could IGM FINANCIAL INCORPORATED (OTCMKTS:IGIFF) Skyrocket? The Stock Had Too Little Sellers

February 13, 2018 - By Linda Rogers

The stock of IGM FINANCIAL INCORPORATED (OTCMKTS:IGIFF) registered a decrease of 44.69% in short interest. IGIFF’s total short interest was 22,900 shares in February as published by FINRA. Its down 44.69% from 41,400 shares, reported previously. With 2,100 shares average volume, it will take short sellers 11 days to cover their IGIFF’s short positions.

It closed at $31.97 lastly. It is down 0.00% since February 13, 2017 and is . It has underperformed by 16.70% the S&P500.

IGM Financial Inc. operates as a financial services firm in Canada. The company has market cap of $7.67 billion. The firm operates through Investors Group, Mackenzie, and Corporate and Other divisions. It has a 12.08 P/E ratio. It manages and distributes mutual funds and other managed asset products.

More notable recent IGM Financial Inc. (OTCMKTS:IGIFF) news were published by: Marketwired.com which released: “IGM Financial Inc. Among the 10 Best Corporate Citizens in Canada” on June 09, 2017, also Seekingalpha.com with their article: “IGM Financial: Cheap For A Reason” published on May 30, 2017, Marketwired.com published: “IGM Financial Inc. Announces October 2017 Investment Fund Sales and Total …” on November 02, 2017. More interesting news about IGM Financial Inc. (OTCMKTS:IGIFF) were released by: Marketwired.com and their article: “IGM Financial Inc. Announces Initiatives to Enhance Operational Effectiveness” published on November 14, 2017 as well as Marketwired.com‘s news article titled: “IGM Financial Inc. Announces CFO Succession Plan” with publication date: November 21, 2017.

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