Alaska Power & Telephone Co. (OTCMKTS:APTL) Short Interest Up 18.9% in April

Key Points

• Short interest rose 18.9% in April, increasing to 107 shares as of April 15 from 90 on March 31; the short-interest ratio is just 0.5 days based on average daily volume and currently 0.0% of the company's shares are reported short.
• AP&T shares opened at $75.00 (50-day/200-day SMAs $69.94/$62.35) with a market cap of $69.75 million and a P/E of 14.07; the company reported quarterly EPS of $1.13 on $17.79 million in revenue.

Alaska Power & Telephone Co. (OTCMKTS:APTL - Get Free Report) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 107 shares, a growth of 18.9% from the March 31st total of 90 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 205 shares, the short-interest ratio is presently 0.5 days.

Alaska Power & Telephone Price Performance

Shares of OTCMKTS APTL opened at $75.00 on Thursday. The company has a 50 day simple moving average of $69.94 and a 200-day simple moving average of $62.35. The company has a market capitalization of $69.75 million, a P/E ratio of 14.07 and a beta of 0.29. Alaska Power & Telephone has a 1 year low of $53.00 and a 1 year high of $75.00.

Alaska Power & Telephone (OTCMKTS:APTL - Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $1.13 earnings per share (EPS) for the quarter. The firm had revenue of $17.79 million for the quarter.

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.

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