Hydro One Limited (OTCMKTS:HRNNF) Short Interest Update

Hydro One Limited (OTCMKTS:HRNNF) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 5,006,600 shares, a growth of 10.9% from the November 30th total of 4,515,600 shares. Based on an average daily volume of 30,900 shares, the days-to-cover ratio is presently 162.0 days.

Hydro One Price Performance

Shares of OTCMKTS HRNNF opened at $30.57 on Wednesday. Hydro One has a 12-month low of $23.07 and a 12-month high of $35.31. The stock’s 50 day simple moving average is $31.83 and its 200 day simple moving average is $31.87.

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.