Short Interest in Emera Incorporated (OTCMKTS:EMRAF) Grows By 19.8%

Emera Incorporated (OTCMKTS:EMRAFGet Free Report) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 4,383,200 shares, a growth of 19.8% from the May 15th total of 3,658,700 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 1,328.2 days.

Emera Stock Performance

OTCMKTS EMRAF traded down $0.16 on Monday, reaching $33.15. The company had a trading volume of 1,393 shares, compared to its average volume of 41,482. Emera has a 12 month low of $31.85 and a 12 month high of $43.89. The firm’s 50 day moving average price is $34.67 and its 200 day moving average price is $35.60.

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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