Short Interest in ATCO Ltd. (OTCMKTS:ACLLF) Grows By 27.2%

ATCO Ltd. (OTCMKTS:ACLLFGet Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 639,800 shares, a growth of 27.2% from the February 28th total of 502,900 shares. Based on an average daily volume of 26,200 shares, the days-to-cover ratio is presently 24.4 days.

ATCO Price Performance

OTCMKTS:ACLLF opened at $35.06 on Tuesday. ATCO has a 52-week low of $25.82 and a 52-week high of $36.10. The stock has a fifty day moving average of $33.25 and a 200 day moving average of $33.84.

ATCO Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were paid a dividend of $0.3504 per share. This represents a dividend yield of 4.21%. The ex-dividend date was Thursday, February 27th. ATCO’s dividend payout ratio (DPR) is presently 24.22%.

About ATCO

(Get Free Report)

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.

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