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

Alaska Power & Telephone Co. (OTCMKTS:APTL) was the target of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 90 shares, a drop of 26.8% from the February 26th total of 123 shares. Based on an average daily volume of 443 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Alaska Power & Telephone Stock Up 2.0%

Shares of APTL opened at $72.00 on Tuesday. The business’s 50-day moving average price is $63.29 and its 200-day moving average price is $60.12. Alaska Power & Telephone has a twelve month low of $53.00 and a twelve month high of $72.90. The stock has a market cap of $66.24 million, a PE ratio of 12.41 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.