Alaska Power & Telephone Co. (OTCMKTS:APTL) Sees Significant Increase in Short Interest

Alaska Power & Telephone Co. (OTCMKTS:APTL) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 9 shares, a growth of 80.0% from the November 30th total of 5 shares. Based on an average daily volume of 39 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 39 shares, the short-interest ratio is presently 0.2 days.

Alaska Power & Telephone Price Performance

Alaska Power & Telephone stock opened at $57.00 on Friday. The firm has a 50 day simple moving average of $58.27 and a 200-day simple moving average of $58.63. The stock has a market cap of $58.14 million, a price-to-earnings ratio of 9.83 and a beta of 0.44. Alaska Power & Telephone has a 1-year low of $53.00 and a 1-year high of $62.35.

About Alaska Power & Telephone

Alaska Power & Telephone Company (OTCMKTS:APTL) is a diversified utilities provider based in Anchorage, Alaska. Established in 1957, the company focuses on delivering dependable communications and electric power services to rural and remote communities across the state. Through its dual operating segments—telecommunications and electric utilities—AP&T aims to bridge the gap between urban centers and more isolated areas of Alaska.

In its telecommunications division, AP&T offers a wide array of products and services, including local and long-distance voice service, broadband internet access, cable television and digital video, as well as business data and networking solutions.