Short Interest in AltaGas Ltd. (OTCMKTS:ATGFF) Expands By 22.9%

AltaGas Ltd. (OTCMKTS:ATGFFGet Free Report) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 6,499,000 shares, an increase of 22.9% from the May 31st total of 5,288,000 shares. Based on an average daily trading volume, of 68,400 shares, the short-interest ratio is presently 95.0 days.

AltaGas Price Performance

OTCMKTS ATGFF opened at $22.04 on Tuesday. AltaGas has a 1-year low of $17.66 and a 1-year high of $22.82. The business’s fifty day moving average price is $22.27 and its 200-day moving average price is $21.52.

About AltaGas

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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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