Short Interest in Hydro One Limited (OTCMKTS:HRNNF) Increases By 29.8%

Hydro One Limited (OTCMKTS:HRNNF) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 5,860,500 shares, a growth of 29.8% from the February 28th total of 4,516,100 shares. Based on an average daily trading volume, of 19,400 shares, the days-to-cover ratio is presently 302.1 days.

Hydro One Stock Performance

OTCMKTS:HRNNF traded up $0.41 on Tuesday, reaching $33.71. The stock had a trading volume of 230 shares, compared to its average volume of 15,216. The company has a 50-day moving average of $32.20 and a 200 day moving average of $32.19. Hydro One has a 12-month low of $23.07 and a 12-month high of $35.31.

Hydro One Company Profile

Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.