Short Interest in Hydro One Limited (OTCMKTS:HRNNF) Drops By 9.4%

Hydro One Limited (OTCMKTS:HRNNF) saw a large decline in short interest in November. As of November 30th, there was short interest totalling 4,515,600 shares, a decline of 9.4% from the November 15th total of 4,982,600 shares. Based on an average daily volume of 91,500 shares, the days-to-cover ratio is presently 49.4 days.

Hydro One Trading Down 1.1 %

OTCMKTS HRNNF opened at $31.00 on Tuesday. The business’s 50 day moving average is $32.30 and its two-hundred day moving average is $31.75. Hydro One has a 12-month low of $23.07 and a 12-month high of $35.31.

About Hydro One

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.