Hydro One Limited (OTCMKTS:HRNNF) Short Interest Update

Hydro One Limited (OTCMKTS:HRNNF) was the recipient of a large increase in short interest during 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 trading volume, of 14,300 shares, the short-interest ratio is currently 547.0 days.

Hydro One Price Performance

Shares of OTCMKTS:HRNNF opened at $29.14 on Thursday. The stock’s 50-day moving average price is $28.91 and its two-hundred day moving average price is $29.17. Hydro One has a 12-month low of $24.08 and a 12-month high of $30.76.

About Hydro One

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.