AltaGas Ltd. (OTCMKTS:ATGFF – Get Free Report) saw a large decrease in short interest in October. As of October 15th, there was short interest totalling 4,036,100 shares, a decrease of 5.4% from the September 30th total of 4,267,000 shares. Based on an average daily volume of 44,600 shares, the short-interest ratio is presently 90.5 days.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. cut AltaGas from an “overweight” rating to a “neutral” rating in a research note on Wednesday, October 23rd.
View Our Latest Report on ATGFF
AltaGas Trading Up 0.5 %
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.
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