Alaska Power & Telephone Co. (OTCMKTS:APTL) Short Interest Update

Alaska Power & Telephone Co. (OTCMKTS:APTL) was the target of 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. Based on an average daily trading volume, of 443 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Alaska Power & Telephone Stock Performance

APTL opened at $70.60 on Friday. Alaska Power & Telephone has a 12 month low of $53.00 and a 12 month high of $72.90. The business’s 50-day moving average price is $63.02 and its 200-day moving average price is $60.04. The company has a market cap of $64.95 million, a P/E ratio of 12.17 and a beta of 0.38.

Alaska Power & Telephone Company Profile

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.