Short Interest in Alaska Power & Telephone Co. (OTCMKTS:APTL) Expands By 900.0%

Alaska Power & Telephone Co. (OTCMKTS:APTL) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 90 shares, an increase of 900.0% from the December 15th total of 9 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 543 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 543 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Alaska Power & Telephone Price Performance

APTL opened at $58.52 on Wednesday. Alaska Power & Telephone has a 52-week low of $53.00 and a 52-week high of $62.35. The company has a 50 day moving average of $58.58 and a two-hundred day moving average of $58.75. The company has a market cap of $53.84 million, a P/E ratio of 10.09 and a beta of 0.42.

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.