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

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

ATCO Stock Performance

ACLLF stock opened at $31.82 on Monday. ATCO has a twelve month low of $25.82 and a twelve month high of $36.10. The business has a 50 day moving average price of $33.26 and a two-hundred day moving average price of $33.44.

ATCO Cuts Dividend

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