Altius Renewable Royalties Corp. (OTCMKTS:ATRWF) Sees Large Increase in Short Interest

Altius Renewable Royalties Corp. (OTCMKTS:ATRWF – Get Rating) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 25,400 shares, an increase of 398.0% from the March 31st total of 5,100 shares. Based on an average daily volume of 31,600 shares, the short-interest ratio is presently 0.8 days.

Several brokerages recently commented on ATRWF. Raymond James increased their price target on Altius Renewable Royalties from C$13.75 to C$16.00 in a research report on Monday, March 7th. TD Securities upgraded Altius Renewable Royalties to a “buy” rating in a research note on Monday, March 7th. Finally, Scotiabank lowered their target price on Altius Renewable Royalties from C$13.50 to C$12.50 and set an “outperform” rating on the stock in a research note on Thursday, January 27th.

Shares of ATRWF stock opened at $7.70 on Thursday. Altius Renewable Royalties has a fifty-two week low of $6.23 and a fifty-two week high of $14.62. The firm has a fifty day simple moving average of $9.90.

About Altius Renewable Royalties (Get Rating)

Altius Renewable Royalties Corp., a renewable energy royalty company, engages in the acquisition and management of renewable energy investments and royalties in North America. It also provides tailored financing solutions to the renewable power sector. The company holds interests in a portfolio of 695 MW of wind, hydro-electric, and solar energy projects located in Texas, Kansas, and Vermont, as well as royalty interests in a portfolio of 2,845 MW of development stage wind energy projects located in Texas, Indiana, and Illinois.

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