ATCO Ltd. (OTCMKTS:ACLLF) Short Interest Down 5.3% in December

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

ATCO Trading Up 0.6 %

Shares of OTCMKTS:ACLLF opened at $32.74 on Tuesday. The stock has a 50-day simple moving average of $33.64 and a 200-day simple moving average of $33.22. ATCO has a 1 year low of $25.82 and a 1 year high of $36.10.

ATCO Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were given a $0.3561 dividend. This represents a yield of 4.11%. The ex-dividend date of this dividend was Thursday, December 5th. ATCO’s dividend payout ratio (DPR) 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.