ATCO Ltd. (OTCMKTS:ACLLF) Short Interest Down 6.4% in May

ATCO Ltd. (OTCMKTS:ACLLF) was the recipient of a significant drop in short interest in May. As of May 31st, there was short interest totalling 229,900 shares, a drop of 6.4% from the May 15th total of 245,700 shares. Based on an average daily volume of 18,800 shares, the short-interest ratio is currently 12.2 days.

ATCO Trading Down 0.1 %

OTCMKTS ACLLF opened at $29.10 on Monday. The firm’s 50 day moving average price is $28.37 and its 200-day moving average price is $28.10. ATCO has a 52-week low of $24.00 and a 52-week high of $31.00.

ATCO Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Sunday, June 30th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.3571 per share. The ex-dividend date is Thursday, May 30th. This represents a dividend yield of 4.78%. ATCO’s dividend payout ratio is presently 24.22%.

About ATCO

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.