Emera Incorporated (OTCMKTS:EMRAF) Sees Significant Increase in Short Interest

Emera Incorporated (OTCMKTS:EMRAF) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,965,700 shares, a growth of 28.5% from the March 31st total of 3,085,100 shares. Based on an average daily trading volume, of 73,400 shares, the short-interest ratio is presently 54.0 days.

Emera Price Performance

EMRAF stock opened at $34.27 on Tuesday. Emera has a 52-week low of $31.85 and a 52-week high of $44.13. The company’s 50-day simple moving average is $34.90 and its 200-day simple moving average is $35.51.

About Emera

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments.