What Will Happen to AECON GROUP INC ORDINARY SHARES (OTCMKTS:AEGXF) Next? The Stock Has Decline in Shorts

June 17, 2018 - By Darrin Black

Aecon Group Inc. (OTCMKTS:AEGXF) Logo

The stock of AECON GROUP INC ORDINARY SHARES (OTCMKTS:AEGXF) registered a decrease of 12.05% in short interest. AEGXF’s total short interest was 381,700 shares in June as published by FINRA. Its down 12.05% from 434,000 shares, reported previously. With 400 shares average volume, it will take short sellers 954 days to cover their AEGXF’s short positions. The short interest to AECON GROUP INC ORDINARY SHARES’s float is 0.66%.

The stock decreased 0.82% or $0.1 during the last trading session, reaching $11.89. About 2,611 shares traded. Aecon Group Inc. (OTCMKTS:AEGXF) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Aecon Group Inc. provides construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. The company has market cap of $711.61 million. It operates through four divisions: Infrastructure, Energy, Mining, and Concessions. It has a 33.78 P/E ratio. The Infrastructure segment is involved in the construction of roads and bridges, and rail and transit systems, as well as in asphalt production and aggregates, municipal construction, commercial site design, and material engineering and design activities.

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