Short Interest in AltaGas Ltd. (OTCMKTS:ATGFF) Drops By 6.3%

AltaGas Ltd. (OTCMKTS:ATGFF) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 4,171,500 shares, a decrease of 6.3% from the July 15th total of 4,452,900 shares. Based on an average daily volume of 42,000 shares, the days-to-cover ratio is presently 99.3 days.

AltaGas Price Performance

Shares of OTCMKTS ATGFF opened at $24.75 on Wednesday. AltaGas has a twelve month low of $17.84 and a twelve month high of $24.75. The firm has a 50-day moving average of $22.99 and a two-hundred day moving average of $22.14.

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.