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

Atlas Corp. (NASDAQ:ATCOL) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 100 shares, a drop of 93.8% from the October 31st total of 1,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 1.0 days.

Atlas Stock Performance

NASDAQ ATCOL remained flat at $25.08 on Friday. 57 shares of the company’s stock traded hands, compared to its average volume of 1,977. The stock’s fifty day moving average price is $25.11 and its 200-day moving average price is $24.99. Atlas has a twelve month low of $23.50 and a twelve month high of $25.90.

Atlas Company Profile

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.