Short Interest in Emera Incorporated (OTCMKTS:EMRAF) Drops By 13.7%

Emera Incorporated (OTCMKTS:EMRAF) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 1,710,300 shares, a decrease of 13.7% from the December 15th total of 1,981,100 shares. Based on an average daily volume of 85,100 shares, the days-to-cover ratio is currently 20.1 days.

Emera Stock Up 1.7 %

Emera stock traded up $0.62 during trading hours on Friday, hitting $37.63. The company had a trading volume of 4,870 shares, compared to its average volume of 30,367. The firm has a 50-day moving average of $37.41 and a 200 day moving average of $36.96. Emera has a one year low of $32.00 and a one year high of $40.00.

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.