89.83% Less Algonquin Power & Utilities Corphares (NYSE:AQN) Short Interest

May 16, 2018 - By Robert Reynolds

It was registered a decrease on Algonquin Power & Utilities Corphares (NYSE:AQN)’s short interest with 89.83%. It was issued in May by FINRA the 669,200 short interest on AQN. The 6.58M previous shares are down with 89.83%. 4 days will cost AQN with 183,200 average volume to recover its previous position. 0.17% is Algonquin Power & Utilities Corphares float short.

Ticker’s shares touched $9.74 during the last trading session after 0.31% change.Currently Algonquin Power & Utilities Corp. is uptrending after 3.22% change in last May 16, 2017. AQN has 128,338 shares volume. The stock underperformed the S&P 500 by 8.33%.

Algonquin Power & Utilities Corp., through its subsidiaries, engages in the generation, transmission, and distribution of utility assets in North America.The firm is worth $4.58 billion. The firm generates and sells electrical energy through a portfolio of non-regulated renewable and clean energy power generation facilities.The P/E ratio is 39.92. It owns or has interests in hydroelectric facilities with a combined generating capacity of approximately 120 megawatts ; wind powered generating facilities with a combined generating capacity of 1,050 MW; and solar energy facilities with a combined generating capacity of 40 MW, as well as interests in thermal energy facilities with a combined generating capacity of 335 MW.

More recent Algonquin Power & Utilities Corp. (NYSE:AQN) news were released by Finance.Yahoo.com, Fool.ca and Prnewswire.com. The first one has “5 Notable Dividend Increases From the Past Week — Including Phillips 66” as a title and was released on May 15, 2018. The next is “Buy Canadian Tire and 1 Other Defensive Dividend Stock for a Solid Tag Team” on May 12, 2018. And last was released on April 24, 2018, called “Algonquin Power & Utilities Corp. Announces Closing of Equity Financing”.

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