Short Interest in Emera Incorporated (OTCMKTS:EMRAF) Grows By 18.1%

Emera Incorporated (OTCMKTS:EMRAF) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,858,000 shares, an increase of 18.1% from the October 15th total of 3,266,000 shares. Based on an average daily trading volume, of 53,400 shares, the days-to-cover ratio is currently 72.2 days.

Emera Trading Up 0.2 %

OTCMKTS:EMRAF traded up $0.08 during mid-day trading on Friday, hitting $35.96. 23,024 shares of the company’s stock traded hands, compared to its average volume of 28,969. The company has a fifty day moving average of $37.68 and a 200 day moving average of $36.00. Emera has a twelve month low of $32.00 and a twelve month high of $40.00.

About Emera

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.