Short Interest in Alaska Power & Telephone Co. (OTCMKTS:APTL) Decreases By 26.8%

Alaska Power & Telephone Co. (OTCMKTS:APTL) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 90 shares, a decrease of 26.8% from the February 26th total of 123 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 443 shares, the short-interest ratio is currently 0.2 days.

Alaska Power & Telephone Price Performance

Shares of OTCMKTS:APTL opened at $70.60 on Friday. The stock’s 50-day moving average is $63.02 and its 200 day moving average is $60.04. The company has a market cap of $64.95 million, a PE ratio of 12.17 and a beta of 0.38. Alaska Power & Telephone has a 1 year low of $53.00 and a 1 year high of $72.90.

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.