Aecon Group Inc. (OTCMKTS:AEGXF) Sees Large Growth in Short Interest

Aecon Group Inc. (OTCMKTS:AEGXF) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 999,600 shares, an increase of 45.8% from the December 15th total of 685,400 shares. Based on an average daily trading volume, of 11,300 shares, the days-to-cover ratio is presently 88.5 days.

Aecon Group Stock Performance

Aecon Group stock opened at $16.64 on Friday. The stock’s 50 day moving average price is $19.35 and its two-hundred day moving average price is $15.82. Aecon Group has a 52-week low of $9.75 and a 52-week high of $22.26.

Aecon Group Company Profile

Aecon Group Inc, together with 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 on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors.