AltaGas Ltd. (OTCMKTS:ATGFF – Get Free Report) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 3,321,800 shares, an increase of 6.6% from the January 15th total of 3,116,800 shares. Based on an average daily volume of 51,600 shares, the short-interest ratio is currently 64.4 days.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. cut AltaGas from an “overweight” rating to a “neutral” rating in a report on Wednesday, October 23rd.
Get Our Latest Stock Report on AltaGas
AltaGas Trading Down 1.0 %
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.
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