ATCO Ltd. (OTCMKTS:ACLLF) Sees Significant Growth in Short Interest

ATCO Ltd. (OTCMKTS:ACLLF) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 473,900 shares, a growth of 8.0% from the November 30th total of 438,700 shares. Based on an average trading volume of 11,500 shares, the short-interest ratio is presently 41.2 days.

ATCO Trading Up 1.1 %

Shares of ACLLF opened at $33.14 on Wednesday. The stock has a fifty day moving average price of $34.19 and a two-hundred day moving average price of $32.79. ATCO has a 52-week low of $25.82 and a 52-week high of $36.10.

ATCO Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were issued a $0.3561 dividend. The ex-dividend date was Thursday, December 5th. This represents a dividend yield of 4.11%. ATCO’s dividend 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.