Alaska Power & Telephone Co. (OTCMKTS:APTL) Sees Significant Increase in Short Interest

Alaska Power & Telephone Co. (OTCMKTS:APTL) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 23 shares. Based on an average daily volume of 165 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Alaska Power & Telephone Price Performance

Shares of APTL remained flat at $90.15 during trading hours on Friday. The stock had a trading volume of 174 shares, compared to its average volume of 86. The company has a market cap of $83.84 million, a price-to-earnings ratio of 16.88 and a beta of 0.26. Alaska Power & Telephone has a 52 week low of $55.05 and a 52 week high of $95.00. The stock has a fifty day simple moving average of $88.23 and a two-hundred day simple moving average of $79.01.

Alaska Power & Telephone (OTCMKTS:APTL) last posted its quarterly earnings data on Friday, November 13th. The company reported $1.09 earnings per share for the quarter. The company had revenue of $17.36 million during the quarter.

About Alaska Power & Telephone

Alaska Power & Telephone Company (AP&T) provides electric and telecommunications services to rural and remote communities in Alaska. Founded in 1957, the company was established to expand essential utility service in areas not served by larger providers. AP&T operates electric generation and distribution systems, with power produced through a mix that includes hydroelectric and other local sources. Its telecommunications offerings include telephone service, broadband internet and related connectivity services.