ATCO Ltd. (OTCMKTS:ACLLF) Short Interest Update

ATCO Ltd. (OTCMKTS:ACLLF) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 506,600 shares, an increase of 6.7% from the August 15th total of 474,900 shares. Based on an average daily trading volume, of 24,300 shares, the short-interest ratio is currently 20.8 days.

ATCO Stock Performance

Shares of OTCMKTS ACLLF opened at $34.10 on Tuesday. The firm has a 50-day simple moving average of $31.68 and a 200-day simple moving average of $29.42. ATCO has a 52 week low of $24.00 and a 52 week high of $34.38.

ATCO Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 6th will be paid a $0.3598 dividend. This represents a dividend yield of 4.31%. The ex-dividend date of this dividend is Thursday, September 5th. This is a positive change from ATCO’s previous dividend of $0.36. ATCO’s dividend payout ratio is 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.