ATCO Ltd. (OTCMKTS:ACLLF) Sees Large Decline in Short Interest

ATCO Ltd. (OTCMKTS:ACLLF) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 459,400 shares, a decline of 14.1% from the October 31st total of 534,800 shares. Based on an average daily trading volume, of 16,300 shares, the days-to-cover ratio is presently 28.2 days.

ATCO Stock Down 0.5 %

Shares of ATCO stock opened at $34.63 on Monday. The company has a fifty day moving average of $34.85 and a 200-day moving average of $32.12. ATCO has a 52-week low of $25.82 and a 52-week high of $36.07.

ATCO Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be paid a dividend of $0.3561 per share. The ex-dividend date is Thursday, December 5th. This represents a dividend yield of 4.11%. ATCO’s dividend payout ratio (DPR) is currently 24.22%.

ATCO Company Profile

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.