ATCO Ltd. (OTCMKTS:ACLLF) Short Interest Down 14.1% in November

ATCO Ltd. (OTCMKTS:ACLLF) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 459,400 shares, a decrease 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 currently 28.2 days.

ATCO Stock Performance

OTCMKTS:ACLLF opened at $35.02 on Tuesday. The company has a 50-day moving average of $34.87 and a 200-day moving average of $32.16. ATCO has a twelve month low of $25.82 and a twelve month high of $36.07.

ATCO Cuts Dividend

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