Fortis Inchares (NYSE:FTS) Shorts Increased By 7.95% As Of Jan 28, 2019

It was showed an increase on Fortis Inchares (NYSE:FTS)’s short interest with 7.95%. FINRA announced in January FTS’s total 9.39 million short interest. That’s 7.95% up from 8.70 million shares. 29 days will cost FTS with 319,100 average volume to restore its former position.

The stock increased 0.60% or $0.21 during the last trading session, touching $35.01.Fortis Inc. has volume of 230,242 shares. Since January 28, 2018 FTS has declined 5.54% and is downtrending. The stock underperformed the S&P 500 by 5.54%.

Fortis Inc. operates as an electric and gas utility firm in Canada, the United States, and the Caribbean.The firm is valued at $14.95 billion. It generates, transmits, and distributes electricity to approximately 420,000 retail clients in a territory comprising approximately 2,991 square kilometers located in southeastern Arizona, including the greater Tucson metropolitan area in Pima county, as well as parts of Cochise county; and 95,000 retail clients in ArizonaÂ’s Mohave and Santa Cruz counties with an aggregate capacity of 2,994 megawatts comprising 54 MW of solar capacity.20.28 is the P/E ratio. The firm also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 64 MW; and distributes natural gas to approximately 994,000 clients in approximately 135 communities in British Columbia, Canada.

For more Fortis Inc. (NYSE:FTS) news published recently go to: Seekingalpha.com, Businesswire.com, Fool.ca, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Fortis Inc.: Boring Can Be Beautiful – Fortis, Inc. (NYSE:FTS) – Seeking Alpha” published on October 22, 2018, “FTS International, Inc. Announces Timing of Fourth Quarter and Full-Year 2018 Financial Results, Conference Call and Webcast – Business Wire” on January 25, 2019, “This 5-Stock Portfolio Will Make You Rich – The Motley Fool Canada” with a publish date: January 14, 2019, “Fortis, Inc. (FTS) CEO Barry Perry on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” and the last “Is Fortis A Buy Or A Hold? – Seeking Alpha” with publication date: February 23, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.