Emera Incorporated (OTCMKTS:EMRAF) Short Interest Update

Emera Incorporated (OTCMKTS:EMRAF) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 2,521,600 shares, a drop of 14.9% from the February 13th total of 2,962,100 shares. Based on an average trading volume of 50,200 shares, the short-interest ratio is currently 50.2 days.

Emera Stock Performance

EMRAF traded down $0.08 during midday trading on Wednesday, reaching $41.36. 55,725 shares of the company’s stock were exchanged, compared to its average volume of 65,916. The business’s 50-day moving average price is $39.08 and its 200 day moving average price is $38.20. Emera has a 1-year low of $32.00 and a 1-year high of $41.44.

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.