Hydro One Limited (OTCMKTS:HRNNF) Short Interest Down 11.1% in October

Hydro One Limited (OTCMKTS:HRNNF) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 5,803,800 shares, a decrease of 11.1% from the September 30th total of 6,529,300 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 5,803.8 days.

Hydro One Price Performance

Shares of HRNNF remained flat at $32.38 during trading hours on Thursday. Hydro One has a twelve month low of $23.07 and a twelve month high of $35.31. The firm’s 50-day simple moving average is $33.58 and its 200-day simple moving average is $30.93.

About Hydro One

Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.