Emera Incorporated (OTCMKTS:EMRAF) Short Interest Up 151.3% in April

by · The Cerbat Gem

Emera Incorporated (OTCMKTS:EMRAF – Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 4,831,000 shares, an increase of 151.3% from the March 31st total of 1,922,200 shares. Based on an average daily volume of 120,200 shares, the short-interest ratio is presently 40.2 days.

Emera Price Performance

Shares of EMRAF stock traded up $0.07 on Monday, reaching $44.31. 7,247 shares of the company’s stock were exchanged, compared to its average volume of 69,851. The company’s fifty day simple moving average is $41.64 and its 200 day simple moving average is $39.09. Emera has a 52 week low of $32.00 and a 52 week high of $44.50.

About Emera

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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.

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