Hydro One Limited (OTCMKTS:HRNNF) Short Interest Update

Hydro One Limited (OTCMKTS:HRNNF) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 7,822,600 shares, an increase of 6.3% from the May 31st total of 7,357,800 shares. Based on an average daily volume of 14,300 shares, the days-to-cover ratio is presently 547.0 days.

Hydro One Stock Performance

Shares of OTCMKTS:HRNNF opened at $29.14 on Wednesday. The company’s fifty day moving average is $28.88 and its 200 day moving average is $29.17. Hydro One has a 52 week low of $24.08 and a 52 week high of $30.76.

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.