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

ATCO Ltd. (OTCMKTS:ACLLF) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 639,800 shares, an increase 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 Trading Up 0.1 %

Shares of ATCO stock opened at $35.21 on Thursday. The company has a 50-day simple moving average of $33.34 and a two-hundred day simple moving average of $33.86. ATCO has a one year low of $25.82 and a one year high of $36.76.

ATCO Cuts Dividend

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