ATCO Ltd. (OTCMKTS:ACLLF) Short Interest Up 8.0% in December

ATCO Ltd. (OTCMKTS:ACLLF) saw a large growth in short interest in 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 daily volume of 11,500 shares, the days-to-cover ratio is currently 41.2 days.

ATCO Price Performance

Shares of OTCMKTS ACLLF opened at $33.14 on Thursday. The firm has a 50-day simple moving average of $34.16 and a two-hundred day simple moving average of $32.80. ATCO has a 1 year low of $25.82 and a 1 year high of $36.10.

ATCO Cuts Dividend

The firm also recently disclosed 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. This represents a yield of 4.11%. The ex-dividend date of this dividend was Thursday, December 5th. ATCO’s payout ratio is currently 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.