Short Interest in Emera Incorporated (OTCMKTS:EMRAF) Expands By 6.2%

Emera Incorporated (OTCMKTS:EMRAFGet Free Report) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,881,900 shares, an increase of 6.2% from the February 29th total of 2,712,400 shares. Based on an average daily volume of 47,900 shares, the days-to-cover ratio is presently 60.2 days.

Emera Stock Performance

Emera stock opened at $34.77 on Wednesday. The company’s 50 day moving average is $35.41 and its two-hundred day moving average is $35.72. Emera has a 52-week low of $31.85 and a 52-week high of $44.13.

Emera Company Profile

(Get Free Report)

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.

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