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Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  AQN | T.AQN.PR.A | T.AQN.PR.D | AGQPF

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.


TSX:AQN - Post by User

Post by DeanEdmontonon Jan 22, 2023 9:44am
400 Views
Post# 35238363

A Lot of Talk About Shorts

A Lot of Talk About ShortsBut even at 24 million they are only about 3.6% of the outstanding shares. Large for a utility company but not something I would be overly focused on since the majority are probably large hedge funds that make these kinds of bets regualrly. Trading at volume the stock doesn't have to move down much in price ofver a short period for them to make money. We shall see if the 96% that aren't short are right in the longer run and I am betting they are.
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