ATCO Ltd. (OTCMKTS:ACLLF) Short Interest Update

ATCO Ltd. (OTCMKTS:ACLLF) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 448,800 shares, a drop of 5.3% from the December 31st total of 473,900 shares. Based on an average trading volume of 25,400 shares, the days-to-cover ratio is presently 17.7 days.

ATCO Stock Down 1.3 %

Shares of ATCO stock opened at $31.82 on Monday. The stock’s fifty day simple moving average is $33.26 and its 200 day simple moving average is $33.44. ATCO has a 12 month low of $25.82 and a 12 month high of $36.10.

ATCO Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were given a dividend of $0.3561 per share. This represents a dividend yield of 4.11%. The ex-dividend date was Thursday, December 5th. ATCO’s dividend payout ratio is currently 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.