Hydro One Limited (OTCMKTS:HRNNF) Short Interest Down 11.1% in October

Hydro One Limited (OTCMKTS:HRNNF) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 5,803,800 shares, a drop of 11.1% from the September 30th total of 6,529,300 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 5,803.8 days.

Hydro One Stock Performance

Shares of OTCMKTS HRNNF remained flat at $32.38 during mid-day trading on Thursday. The company has a 50-day simple moving average of $33.58 and a two-hundred day simple moving average of $30.93. Hydro One has a 52-week low of $23.07 and a 52-week high of $35.31.

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.