AltaGas Ltd. (OTCMKTS:ATGFF) Short Interest Update

AltaGas Ltd. (OTCMKTS:ATGFF) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 4,165,600 shares, a growth of 7.2% from the October 31st total of 3,886,400 shares. Based on an average trading volume of 41,000 shares, the short-interest ratio is presently 101.6 days.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lowered AltaGas from an “overweight” rating to a “neutral” rating in a report on Wednesday, October 23rd.

AltaGas Stock Performance

Shares of OTCMKTS ATGFF opened at $24.24 on Tuesday. AltaGas has a one year low of $18.97 and a one year high of $26.06. The company’s fifty day moving average is $24.58 and its two-hundred day moving average is $23.87.

AltaGas Company Profile

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers.