ATCO Ltd. (OTCMKTS:ACLLF – Get Free Report) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 437,000 shares, a drop of 31.7% from the March 15th total of 639,800 shares. Based on an average trading volume of 14,000 shares, the days-to-cover ratio is currently 31.2 days.
ATCO Stock Up 1.3 %
ACLLF opened at $36.33 on Friday. The firm’s 50-day simple moving average is $34.05 and its 200-day simple moving average is $33.89. ATCO has a twelve month low of $25.95 and a twelve month high of $36.76.
ATCO Cuts Dividend
The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were paid a $0.3504 dividend. This represents a dividend yield of 4.21%. The ex-dividend date of this dividend was Thursday, February 27th. 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.
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