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

ATCO Ltd. (OTCMKTS:ACLLF) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 459,400 shares, a drop of 14.1% from the October 31st total of 534,800 shares. Based on an average trading volume of 16,300 shares, the days-to-cover ratio is presently 28.2 days.

ATCO Price Performance

Shares of OTCMKTS:ACLLF opened at $34.63 on Monday. ATCO has a one year low of $25.82 and a one year high of $36.07. The firm has a fifty day moving average price of $34.85 and a two-hundred day moving average price of $32.12.

ATCO Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be given a dividend of $0.3561 per share. This represents a dividend yield of 4.11%. The ex-dividend date is Thursday, December 5th. ATCO’s dividend payout ratio (DPR) is currently 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.