What’s Ahead for Algonquin Power & Utilities Corporation (NYSE:AQN) After More Shorted Shares?

October 13, 2017 - By Hazel Jackson

 What’s Ahead for Algonquin Power & Utilities Corporation (NYSE:AQN) After More Shorted Shares?

The stock of Algonquin Power & Utilities Corporation (NYSE:AQN) registered an increase of 169.68% in short interest. AQN’s total short interest was 870,800 shares in October as published by FINRA. Its up 169.68% from 322,900 shares, reported previously. With 76,500 shares average volume, it will take short sellers 11 days to cover their AQN’s short positions.

The stock decreased 0.28% or $0.03 on October 13, reaching $10.83. About 61,640 shares traded. Algonquin Power & Utilities Corp. (NYSE:AQN) has risen 17.27% since October 13, 2016 and is uptrending. It has outperformed by 0.57% the S&P500.

More notable recent Algonquin Power & Utilities Corp. (NYSE:AQN) news were published by: Nasdaq.com which released: “Algonquin Power & Utilities Corp. (AQN) Ex-Dividend Date Scheduled for …” on September 27, 2017, also Streetinsider.com with their article: “Algonquin Power & Utilities Corp. (AQN) to Acquire St. Lawrence Gas Company …” published on August 31, 2017, Nasdaq.com published: “Algonquin Power & Utilities Reaches Analyst Target Price” on October 12, 2017. More interesting news about Algonquin Power & Utilities Corp. (NYSE:AQN) were released by: Prnewswire.com and their article: “Algonquin Power & Utilities Corp. announces dates for 2017 third quarter …” published on October 13, 2017 as well as Marketwatch.com‘s news article titled: “Algonquin Power & Utilities Corp. Announces Offering of US $750 million …” with publication date: March 01, 2017.

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