Short Interest in Emera Incorporated (OTCMKTS:EMRAF) Increases By 7.1%

Emera Incorporated (OTCMKTS:EMRAF) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 3,085,100 shares, a growth of 7.1% from the March 15th total of 2,881,900 shares. Based on an average daily volume of 16,800 shares, the short-interest ratio is presently 183.6 days.

Emera Trading Down 1.2 %

Shares of OTCMKTS EMRAF opened at $33.64 on Tuesday. The firm’s 50-day moving average price is $35.16 and its 200-day moving average price is $35.55. Emera has a 1-year low of $31.85 and a 1-year high of $44.13.

Emera Company Profile

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.