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

Emera Incorporated (OTCMKTS:EMRAF) saw a large increase in short interest in 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 trading volume of 53,400 shares, the days-to-cover ratio is presently 72.2 days.

Emera Price Performance

OTCMKTS EMRAF traded up $0.08 during trading hours on Friday, reaching $35.96. The stock had a trading volume of 23,024 shares, compared to its average volume of 28,969. Emera has a 52-week low of $32.00 and a 52-week high of $40.00. The stock has a fifty day moving average of $37.68 and a 200 day moving average of $36.00.

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.