Hydro One Limited (OTCMKTS:HRNNF) Sees Significant Decline in Short Interest

Hydro One Limited (OTCMKTS:HRNNF) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 4,982,600 shares, a decrease of 6.9% from the October 31st total of 5,350,100 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 5,536.2 days.

Hydro One Stock Performance

Shares of HRNNF stock opened at $32.27 on Tuesday. The company has a 50 day moving average of $32.70 and a 200-day moving average of $31.55. Hydro One has a 12-month low of $23.07 and a 12-month 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.