ATCO Ltd. (OTCMKTS:ACLLF – Get Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 335,800 shares, a growth of 10.6% from the June 30th total of 303,700 shares. Based on an average daily trading volume, of 17,400 shares, the days-to-cover ratio is presently 19.3 days.
ATCO Trading Up 1.5 %
Shares of ATCO stock opened at $31.26 on Thursday. The stock has a fifty day simple moving average of $29.07 and a 200 day simple moving average of $28.28. ATCO has a 12-month low of $24.00 and a 12-month high of $31.26.
ATCO Cuts Dividend
The business also recently declared a dividend, which was paid on Sunday, June 30th. Investors of record on Friday, May 31st were issued a dividend of $0.3571 per share. The ex-dividend date was Thursday, May 30th. This represents a yield of 4.78%. 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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