Andrew Peller Limited (OTCMKTS:AEGXF) Short Interest Up 22.6% in August

Andrew Peller Limited (OTCMKTS:AEGXF) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 215,400 shares, an increase of 22.6% from the August 15th total of 175,700 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 215.4 days.

Shares of AEGXF stock remained flat at $$10.96 during trading hours on Wednesday. Andrew Peller has a 52 week low of $8.12 and a 52 week high of $14.47. The firm’s 50-day moving average is $11.00.

A number of equities analysts have commented on the stock. Canaccord Genuity reduced their price target on shares of Andrew Peller from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Thursday, May 28th. Maxim Group reduced their price target on shares of Andrew Peller from $22.50 to $18.00 and set an “outperform” rating on the stock in a research report on Monday, June 1st. Finally, Royal Bank of Canada assumed coverage on shares of Andrew Peller in a research report on Monday, July 13th. They issued a “sector perform” rating on the stock.

About Andrew Peller

Aecon Group Inc and its subsidiaries provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses primarily on the civil infrastructure, urban transportation systems, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors.

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