Short Interest in ATCO Ltd. (OTCMKTS:ACLLF) Declines By 5.3%

ATCO Ltd. (OTCMKTS:ACLLF) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 448,800 shares, a decrease 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 Stock Up 0.6 %

Shares of ACLLF opened at $32.74 on Monday. The company has a 50 day moving average price of $33.67 and a 200-day moving average price of $33.19. ATCO has a fifty-two week low of $25.82 and a fifty-two week high of $36.10.

ATCO Cuts Dividend

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