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

Alaska Power & Telephone Co. (OTCMKTS:APTL) was the target of 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. Approximately 0.0% of the company’s stock are sold short. 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. Approximately 0.0% of the company’s stock are sold short.

Alaska Power & Telephone Trading Up 8.0%

Alaska Power & Telephone stock opened at $72.90 on Monday. The company has a market cap of $67.07 million, a P/E ratio of 12.57 and a beta of 0.38. Alaska Power & Telephone has a 1-year low of $53.00 and a 1-year high of $72.90. The company has a fifty day simple moving average of $60.66 and a 200 day simple moving average of $59.31.

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.