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

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

Emera Stock Up 1.7 %

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

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.