Emera Incorporated (OTCMKTS:EMRAF) Sees Large Decrease in Short Interest

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

Emera Stock Up 1.7 %

Shares of OTCMKTS EMRAF traded up $0.62 during trading on Friday, reaching $37.63. 4,870 shares of the stock traded hands, compared to its average volume of 30,367. The company has a 50-day moving average of $37.41 and a 200-day moving average of $36.96. Emera has a 52-week low of $32.00 and a 52-week high of $40.00.

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.