AltaGas Ltd. (OTCMKTS:ATGFF) Short Interest Update

AltaGas Ltd. (OTCMKTS:ATGFF) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,238,600 shares, a growth of 48.8% from the February 28th total of 3,521,700 shares. Based on an average trading volume of 167,400 shares, the days-to-cover ratio is presently 31.3 days.

AltaGas Price Performance

ATGFF stock opened at $27.41 on Tuesday. AltaGas has a 1-year low of $19.42 and a 1-year high of $27.50. The business’s 50 day simple moving average is $25.04 and its 200 day simple moving average is $24.50.

About AltaGas

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.