Alaska Power & Telephone Co. (OTCMKTS:APTL) Short Interest Up 36.7% in February

Key Points

• Short interest rose 36.7% to 123 shares as of Feb. 27 (from 90 on Feb. 12), though only 0.0% of the company's stock is reported short and the days‑to‑cover ratio is just 0.3 days based on average daily volume of 491 shares.
• Shares opened at $72.90—near the 52‑week high—giving AP&T a market cap of about $67.07 million, a trailing P/E of 12.57 and a low beta (0.38), with 50‑ and 200‑day moving averages around $60.66 and $59.32.
• Company profile: Alaska Power & Telephone is a diversified utilities provider delivering telecommunications and electric power services to rural and remote communities across Alaska.

Alaska Power & Telephone Co. (OTCMKTS:APTL - Get Free Report) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 123 shares, an increase of 36.7% from the February 12th total of 90 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 491 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 491 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company's stock are short sold.

Alaska Power & Telephone Stock Performance

Alaska Power & Telephone stock opened at $72.90 on Friday. The firm has a market capitalization of $67.07 million, a PE ratio of 12.57 and a beta of 0.38. Alaska Power & Telephone has a one year low of $53.00 and a one year high of $72.90. The stock's 50 day moving average price is $60.66 and its 200 day moving average price is $59.32.

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.

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