Emera Incorporated (OTCMKTS:EMRAF) Short Interest Update

Emera Incorporated (OTCMKTS:EMRAF) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 2,521,600 shares, a drop of 14.9% from the February 13th total of 2,962,100 shares. Based on an average trading volume of 50,200 shares, the days-to-cover ratio is presently 50.2 days.

Emera Trading Down 1.2 %

Shares of EMRAF opened at $40.88 on Thursday. The stock has a 50 day moving average price of $39.15 and a 200 day moving average price of $38.22. Emera has a one year low of $32.00 and a one year high of $41.44.

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.