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

Alaska Power & Telephone Co. (OTCMKTS:APTL) was the recipient of a significant growth in short interest in 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 days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 39 shares, the days-to-cover ratio is currently 0.2 days.

Alaska Power & Telephone Stock Performance

OTCMKTS:APTL opened at $57.00 on Friday. Alaska Power & Telephone has a one year low of $53.00 and a one year high of $62.35. The stock has a market cap of $58.14 million, a PE ratio of 9.83 and a beta of 0.44. The stock has a 50 day moving average price of $58.27 and a 200 day moving average price of $58.63.

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.