Emera Incorporated (OTCMKTS:EMRAF) Short Interest Update

Emera Incorporated (OTCMKTS:EMRAF) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 3,965,700 shares, an increase of 28.5% from the March 31st total of 3,085,100 shares. Based on an average daily volume of 73,400 shares, the days-to-cover ratio is presently 54.0 days.

Emera Price Performance

OTCMKTS:EMRAF opened at $34.27 on Tuesday. The stock has a 50-day simple moving average of $34.90 and a two-hundred day simple moving average of $35.51. Emera has a 52-week low of $31.85 and a 52-week 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.