Hydro One Limited (OTCMKTS:HRNNF) Sees Large Growth in Short Interest

Hydro One Limited (OTCMKTS:HRNNF) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 5,860,500 shares, an increase of 29.8% from the February 28th total of 4,516,100 shares. Based on an average daily trading volume, of 19,400 shares, the short-interest ratio is presently 302.1 days.

Hydro One Stock Performance

OTCMKTS:HRNNF traded up $0.41 during mid-day trading on Monday, reaching $33.71. The stock had a trading volume of 230 shares, compared to its average volume of 15,216. Hydro One has a one year low of $23.07 and a one year high of $35.31. The firm has a 50 day moving average price of $32.20 and a two-hundred day moving average price of $32.19.

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.