Emera Incorporated (OTCMKTS:EMRAF) Short Interest Down 19.1% in November

Emera Incorporated (OTCMKTS:EMRAF) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 3,121,000 shares, a decrease of 19.1% from the October 31st total of 3,858,000 shares. Based on an average daily volume of 55,100 shares, the short-interest ratio is presently 56.6 days.

Emera Stock Performance

Shares of Emera stock traded up $0.07 on Friday, hitting $38.12. 14,607 shares of the company traded hands, compared to its average volume of 31,200. Emera has a 12-month low of $32.00 and a 12-month high of $40.00. The firm’s 50-day simple moving average is $37.47 and its 200 day simple moving average is $36.18.

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.