Atlas Corp. (NASDAQ:ATCOL) Sees Significant Increase in Short Interest

Atlas Corp. (NASDAQ:ATCOL) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 1,500 shares, an increase of 66.7% from the May 31st total of 900 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is currently 0.8 days.

Atlas Stock Performance

Atlas stock traded up $0.05 during midday trading on Friday, reaching $24.98. 804 shares of the stock traded hands, compared to its average volume of 2,057. The company has a 50-day simple moving average of $24.47 and a two-hundred day simple moving average of $24.30. Atlas has a 12-month low of $23.15 and a 12-month high of $25.00.

About Atlas

Atlas Corp. operates as an asset manager and operator of containerships. The company, through its subsidiaries, operates as an independent charter owner and manager of containerships. The company charters its containerships under long-term and fixed-rate time charters to various container liner companies.