ATCO Ltd. (OTCMKTS:ACLLF) Short Interest Update

ATCO Ltd. (OTCMKTS:ACLLF) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 437,000 shares, a decline of 31.7% from the March 15th total of 639,800 shares. Based on an average daily trading volume, of 14,000 shares, the short-interest ratio is presently 31.2 days.

ATCO Trading Up 1.3 %

Shares of OTCMKTS ACLLF opened at $36.33 on Friday. ATCO has a fifty-two week low of $25.95 and a fifty-two week high of $36.76. The business’s 50 day moving average price is $34.05 and its 200-day moving average price is $33.90.

ATCO Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were paid a dividend of $0.3504 per share. This represents a dividend yield of 4.21%. The ex-dividend date was Thursday, February 27th. ATCO’s dividend payout ratio is currently 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.