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

Hydro One Limited (OTCMKTS:HRNNF) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 5,350,100 shares, a drop of 7.8% from the October 15th total of 5,803,800 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 17,833.7 days.

Hydro One Stock Up 1.5 %

Shares of Hydro One stock opened at $31.72 on Tuesday. The firm’s fifty day simple moving average is $33.18 and its 200-day simple moving average is $31.32. 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.